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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Right of persons other than retiring directors to stand for ...


Section 160 Companies Act: No Deposit Needed for Independent Directors or Nominations by Committee for Directorship.

January 10, 2018

Act Rules     Companies Law

Right of persons other than retiring directors to stand for directorship - the requirement of deposit of rupees one lakh with respect to nomination of directors shall not be applicable in case of appointment of independent directors or directors nominated by nomination and remuneration committee - Section 160 of the Companies Act, 2013

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