<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>APPOINTMENT OF INDEPENDENT DIRECTOR OVER 75 YEARS OF AGE</title>
    <link>https://www.taxtmi.com/article/detailed?id=12575</link>
    <description>The board may appoint an individual as an additional independent director who will hold office until the next general meeting; if the appointee has attained the LODR age threshold, shareholder confirmation by special resolution must be obtained at the next general meeting or within the prescribed short period. Where the board&#039;s interim appointment is followed by the required special resolution within that period, penalties based on a requirement of prior approval are not sustainable.</description>
    <language>en-us</language>
    <pubDate>Tue, 30 Apr 2024 09:26:48 +0530</pubDate>
    <lastBuildDate>Tue, 30 Apr 2024 09:26:48 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=751413" rel="self" type="application/rss+xml"/>
    <item>
      <title>APPOINTMENT OF INDEPENDENT DIRECTOR OVER 75 YEARS OF AGE</title>
      <link>https://www.taxtmi.com/article/detailed?id=12575</link>
      <description>The board may appoint an individual as an additional independent director who will hold office until the next general meeting; if the appointee has attained the LODR age threshold, shareholder confirmation by special resolution must be obtained at the next general meeting or within the prescribed short period. Where the board&#039;s interim appointment is followed by the required special resolution within that period, penalties based on a requirement of prior approval are not sustainable.</description>
      <category>Articles</category>
      <law>Corporate Laws / IBC / SEBI</law>
      <pubDate>Tue, 30 Apr 2024 09:26:48 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=12575</guid>
    </item>
  </channel>
</rss>