Can the Nomination and Remuneration Committee recommend to the Board of Directors to extend the term of appointment of Independent Directors ?
CS Professional · Advanced Company Law and Practice · PYQS · December 2017
Can the Nomination and Remuneration Committee recommend to the Board of Directors to extend the term of appointment of Independent Directors ?
Answer & Explanation:
In terms of provisions of Section 178 of Companies Act, 2013, the Nomination and Remuneration Committee can recommend the Board of Directors of the company to extend the term of appointment of independent directors based on the evaluation of their performance.
Topics: Board of Directors
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