https://www.taxtmi.com/circulars?id=59460 Performance review is required for extending a Public Interest Director's three year term by another three years. The Nomination and Remuneration Committee must frame and periodically review a performance policy, providing for equal weight internal and external evaluations; internal reviews are annual by all board members, and external reviews are conducted in the PID's last year by an independent consultant. Evaluation results, recorded in a standardised format, must be disclosed in the annual report and website. NRCs recommend extensions to the governing board based on combined evaluations; applications for extension must include attendance records and reasons, including disclosures regarding conflicts of interest. en-us Tue, 05 Feb 2019 00:00:00 +0530 Wed, 06 Feb 2019 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59460 Performance review is required for extending a Public Interest Director's three year term by another three years. The Nomination and Remuneration Committee must frame and periodically review a performance policy, providing for equal weight internal and external evaluations; internal reviews are annual by all board members, and external reviews are conducted in the PID's last year by an independent consultant. Evaluation results, recorded in a standardised format, must be disclosed in the annual report and website. NRCs recommend extensions to the governing board based on combined evaluations; applications for extension must include attendance records and reasons, including disclosures regarding conflicts of interest. Circulars SEBI Tue, 05 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59460