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Independent Director

Latest Articles


Independent Directors: Patron of Corporate Governance

Company Law : Explore the role of independent directors in corporate governance, their qualifications, challenges faced, and their importance in...

May 21, 2025 33 Views 0 comment Print

Responsibility of Independent Directors: V. Selvaraj vs. RBI

Company Law : Assessing Responsibility of Independent Directors: Review of V. Selvaraj v. Reserve Bank of India Overview A director is a person ...

May 11, 2025 4410 Views 0 comment Print

Can employees of a fellow subsidiary company can technically be appointed as independent directors of the Company?

Company Law : Examine independent director criteria and the complexities of appointing fellow subsidiary employees, considering legal technicali...

May 8, 2025 630 Views 0 comment Print

Provisions & Process of Appointment of Independent Director

Company Law : Learn the detailed process and legal provisions under the Companies Act, 2013 for appointing Independent Directors in India....

April 14, 2025 1119 Views 0 comment Print

Responsibility of Independent Director For Defaults of Company

Company Law : Court clarifies independent directors' liability, requiring proof of involvement in financial misconduct before defaulter classifi...

April 2, 2025 1551 Views 0 comment Print


Latest News


Independent Director Vacancies in Central PSUs

Company Law : 86% of Independent Director positions in CPSEs remain vacant. Govt follows a structured process for appointments through ministrie...

March 26, 2025 1086 Views 0 comment Print

ICSI urges to allow CS in practice to be independent director of a company  

Company Law : ICSI requests amendments to Sections 204 & 149(6)(e)(ii)(A) of Companies Act,, to enable Company Secretaries in practice to be Ind...

September 8, 2023 4782 Views 1 comment Print

Technical Guide on provisions of Independent Directors from Corporate Governance perspective

Company Law : ICAI releases Technical Guide on the provisions of Independent Directors from Corporate Governance perspective Good Corporate Go...

January 16, 2021 1326 Views 0 comment Print

MCA Extended duration of several Schemes till 31.12.2020

Company Law : MCA on 28.09.2020, vide various circulars and notification extended the date of various schemes to 31.12.2020 which were launched ...

September 29, 2020 1599 Views 0 comment Print

DIN-3 replaced by DIR-3C – ICSI

Company Law : Companies which do not have any of their Directors/Signatory details registered in the MCA2 1 system and who are desirous of filin...

October 10, 2014 22462 Views 0 comment Print


Latest Judiciary


RBI cannot Casually declare a Person Defaulter without strict proof: Madras HC

Fema / RBI : Madras High Court overturns wilful defaulter tag on former IAS officer, citing lack of evidence linking him to company's financial...

May 12, 2025 747 Views 0 comment Print

Jurisprudence of SEBI (LODR) regulations 2015 in Filing up Casual Vacancy in Office of Independent Director

SEBI : Regulation 17(1A) is not applicable for the purpose of filling up a casual vacancy under Section 161(4) of the Companies Act. Reg...

May 7, 2023 2538 Views 0 comment Print

NI Act | Section 138 Proceedings Not Maintainable against Independent Non-Executive Directors

Corporate Law : Sunita Palta & Ors. Vs. Kit Marketing Pvt. Ltd. (Madras High Court) Non-Executive Directors are, therefore, persons who are no...

March 3, 2020 12255 Views 1 comment Print


Latest Notifications


SEBI Guideline on Independent Director Pecuniary Ties

SEBI : SEBI clarifies rules on 'material pecuniary relationship' for independent directors consulting subsidiaries, referencing LODR and ...

May 16, 2025 267 Views 0 comment Print

Non-Appointment of Independent directors: MCA imposes Penalty

Company Law : Adjudication of penalties on BCL Homes Ltd for violating Section 149(4) of the Companies Act, 2013. Details of penalties on the co...

January 8, 2025 414 Views 0 comment Print

Penalty Imposed for Non-Compliance with Minimum Independent Director Rules

Company Law : MCA imposes penalties on Dalas Biotech Ltd and its director for failing to meet independent director requirements under Companies ...

July 31, 2024 543 Views 0 comment Print

Non-Appointment of CS: MCA deletes Penalty of Independent Directors

Company Law : The appeal by Delta International Ltd against penalties for violating Section 203 was partly upheld, reducing penalties for Indepe...

July 2, 2024 2868 Views 0 comment Print

Failure to appoint Independent Directors: MCA imposes penalty of Rs. 5.87 Lakh

Company Law : Read about the MCA penalty on Shareway Securities Limited for failing to appoint independent directors under Companies Act, 2013. ...

June 19, 2024 993 Views 0 comment Print


Latest Posts in Independent Director

Independent Directors: Patron of Corporate Governance

May 21, 2025 33 Views 0 comment Print

Explore the role of independent directors in corporate governance, their qualifications, challenges faced, and their importance in ensuring fairness and transparency in business operations.

SEBI Guideline on Independent Director Pecuniary Ties

May 16, 2025 267 Views 0 comment Print

SEBI clarifies rules on ‘material pecuniary relationship’ for independent directors consulting subsidiaries, referencing LODR and Companies Act compliance.

RBI cannot Casually declare a Person Defaulter without strict proof: Madras HC

May 12, 2025 747 Views 0 comment Print

Madras High Court overturns wilful defaulter tag on former IAS officer, citing lack of evidence linking him to company’s financial fraud.

Responsibility of Independent Directors: V. Selvaraj vs. RBI

May 11, 2025 4410 Views 0 comment Print

Assessing Responsibility of Independent Directors: Review of V. Selvaraj v. Reserve Bank of India Overview A director is a person chosen or designated to oversee a company’s business and operations. The group of directors within a company is collectively called its Board of Directors, the top administrative organ of the company that holds the highest […]

Can employees of a fellow subsidiary company can technically be appointed as independent directors of the Company?

May 8, 2025 630 Views 0 comment Print

Examine independent director criteria and the complexities of appointing fellow subsidiary employees, considering legal technicalities versus the spirit of the law.

Provisions & Process of Appointment of Independent Director

April 14, 2025 1119 Views 0 comment Print

Learn the detailed process and legal provisions under the Companies Act, 2013 for appointing Independent Directors in India.

Responsibility of Independent Director For Defaults of Company

April 2, 2025 1551 Views 0 comment Print

Court clarifies independent directors’ liability, requiring proof of involvement in financial misconduct before defaulter classification.

Appointing Independent Directors: Process & Provisions

April 2, 2025 1278 Views 0 comment Print

Understand the process of appointing independent directors under Companies Act 2013, including eligibility, tenure, and compliance requirements.

Independent Director Vacancies in Central PSUs

March 26, 2025 1086 Views 0 comment Print

86% of Independent Director positions in CPSEs remain vacant. Govt follows a structured process for appointments through ministries and search committees.

Why Are Independent Directors Not Allowed ESOPs?

February 27, 2025 471 Views 0 comment Print

Understand why independent directors are prohibited from receiving ESOPs under Indian law, while profit-based commissions are permitted with shareholder approval.

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