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An independent director means a director other than a managing director...

This question belongs to Commerce Legal Aspects Of Business
Legal Aspects of Business
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An independent director means a director other than a managing director or a whole-time director or a nominee director who does not have any material or pecuniary relationship with the company/directors. Which of the following should be the number of Independent Directors in every listed public company (fraction is to be rounded off to one)?

Answer & Solution
Correct Answer: Option C
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