ABC Ltd. has 10 directors, 3 Executive Directors and promoters of the Company and one of the executive directors Mr. Prahlad is also the Chairman of the Company, 2 Non-Executive Women Directors related to Executive Direc

CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · December 2023
ABC Ltd. has 10 directors, 3 Executive Directors and promoters of the Company and one of the executive directors Mr. Prahlad is also the Chairman of the Company, 2 Non-Executive Women Directors related to Executive Directors and 5 Independent Directors. Mr. Ajay an Independent Director wants to resign from the Company due to personal reasons. Since Mr. Ajay was also a member of Nomination and Remuneration Committee, can the Company appoint Mr. Prahlad in place of Mr. Ajay in the Committee ?

Topics: Corporate Governance

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