Creation and maintenance of data bank
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....ctors, and such databank shall be an online databank which shall be placed on the website of the institute. (2) The data bank referred to in sub-rule (1) shall contain the following details in respect of each person included in the data bank to be eligible and willing to be appointed as independent director- (a) DIN (Director Identification Number), if applicable; (b) Income T....
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....ist of companies in which he is or was director along with- (i) the name of the company; (ii) the nature of industry; (iii) the nature of directorship - Executive or Non-executive or Managing Director or Independent Director or Nominee Director; and (iv) duration - with dates. (3) The information available in the data bank shall be provided only to companies ....
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....inclusion ^1[or renewal] of their names in the data bank of independent directors; and (b) companies for providing the information on independent directors available on the data bank. ^2[(8) In case of delay on the part of an individual in applying to the institute under sub-rule (7) for inclusion of his name in the data bank or in case of delay in filing an application for renewal the....
TaxTMI