https://www.taxtmi.com/acts?id=53690 Independent directors must satisfy the section 149(6) eligibility conditions during both the preceding and current financial year, with the professional relationship test amended to refer to secretarial auditors and a prescribed lower percentage threshold. The amendment also requires continuing compliance throughout the term of appointment, extends the related-company restriction to holding, subsidiary and associate companies, permits certain legal or consulting firm relationships below the applicable turnover threshold, and counts service as an additional director toward independent director tenure. en-us Tue, 24 Mar 2026 14:36:05 +0530 Tue, 24 Mar 2026 14:36:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53690 Independent directors must satisfy the section 149(6) eligibility conditions during both the preceding and current financial year, with the professional relationship test amended to refer to secretarial auditors and a prescribed lower percentage threshold. The amendment also requires continuing compliance throughout the term of appointment, extends the related-company restriction to holding, subsidiary and associate companies, permits certain legal or consulting firm relationships below the applicable turnover threshold, and counts service as an additional director toward independent director tenure. Act-Rules Bills Tue, 24 Mar 2026 14:36:05 +0530 https://www.taxtmi.com/acts?id=53690