You are a practicing Company Secretary named AAA and has been approached by Secretarial Department of LMN Ltd. (a listed company) seeking your opinion on the appointment of following person as Independent Director on the

Mr. Kanhaiya, whose wife is director in GHI Ltd. a holding company of LMN Ltd. No, Mr. Kanhaiya, whose wife is director in GHI Ltd. a holding company of LMN Ltd. cannot be appointed as independent director in LMN Limited since as per Regulation 16(1)(b) of SEBI (LODR) Regulation, 2015, Independent Director should not be related to promoters or directors in the listed entity, its holding, subsidiary or associate company. However, wife of Mr. Kanhaiya Lal is a Director in GHI Ltd. a holding company of LMN Ltd.