Indian Institute of Corporate Affairs (IICA) have introduced an online databank for all existing and aspiring Independent Directors. The databank has been originated from the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 issued by the Ministry of Corporate Affairs on 22/10/2019. As per the said rules, all existing Independent Directors need to […]
Ministry of Corporate Affairs (MCA) vide its Notifications dated 22/10/2019 has introduced – – Companies (Appointment and Qualification of Director) Fifth Amendment Rules, 2019, – Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019 and – Companies (Accounts) Amendment Rules, 2019. which shall come into force w.e.f. 01/12/2019. Companies (Appointment and Qualification of […]