https://www.taxtmi.com/acts?id=33323 The governing board must include non-independent directors, public interest directors, managing and executive directors (the latter classed as non-independent), with the chairperson elected from public interest directors. Public interest directors must be at least equal in number to non-independent directors for composition and quorum, and a resolution is valid only when public interest directors casting votes are equal to or more than non-independent directors casting votes; the chairperson has the casting vote. en-us Thu, 20 Dec 2018 16:00:53 +0530 Mon, 24 Nov 2025 13:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33323 The governing board must include non-independent directors, public interest directors, managing and executive directors (the latter classed as non-independent), with the chairperson elected from public interest directors. Public interest directors must be at least equal in number to non-independent directors for composition and quorum, and a resolution is valid only when public interest directors casting votes are equal to or more than non-independent directors casting votes; the chairperson has the casting vote. Act-Rules SEBI Thu, 20 Dec 2018 16:00:53 +0530 https://www.taxtmi.com/acts?id=33323