Section 160 Companies Act: No Deposit Needed for Independent Directors or Nominations by Committee for Directorship. https://www.taxtmi.com/highlights?id=37477 Right of persons other than retiring directors to stand for directorship - the requirement of deposit of rupees one lakh with respect to nomination of directors shall not be applicable in case of appointment of independent directors or directors nominated by nomination and remuneration committee - Section 160 of the Companies Act, 2013 en-us Wed, 10 Jan 2018 16:43:36 +0530 Wed, 10 Jan 2018 16:43:36 +0530 TaxTMI RSS Generator Section 160 Companies Act: No Deposit Needed for Independent Directors or Nominations by Committee for Directorship. https://www.taxtmi.com/highlights?id=37477 Right of persons other than retiring directors to stand for directorship - the requirement of deposit of rupees one lakh with respect to nomination of directors shall not be applicable in case of appointment of independent directors or directors nominated by nomination and remuneration committee - Section 160 of the Companies Act, 2013 Highlights Companies Law Wed, 10 Jan 2018 16:43:36 +0530 https://www.taxtmi.com/highlights?id=37477