Amendment Notification of the Companies (Creation and Maintenance of databank of Independent Directors) Second Amendment Rules, 2021 (dated 19/08/2021) – MCA
View PdfAmendment Notification of the Companies (Creation and Maintenance of databank of Independent Directors) Second Amendment Rules, 2021 (dated 19/08/2021) – MCA
- In the Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019, after rule 5, the following rule and the Schedule shall be inserted, namely:-
“6. Annual report on the capacity building of independent directors:- The institute shall within sixty days from the end of every financial year send an annual report to every individual whose name is included in the data bank and also to every company in which such individual is appointed as an independent director in format provided in the Schedule to these Rules.
