New Compliance for a person eligible and willing to be appointed as an independent director (ID)

A new sub-rule inserted by Ministry of Corporate Affairs (MCA) for person willing to be appointed as ID. Provision for restoration of name in the databank on payment of INR 1,000/- has been inserted subject to (fees paid by ID at the time of initial registration shall continue to be valid for the period for … Continue reading New Compliance for a person eligible and willing to be appointed as an independent director (ID)