Question

How many independent directors should be there in a listed company?

Q: Answer-How many independent directors should be there in a listed company?

Every listed public company shall have at least one-third with fraction rounded-off as one of the total number of directors as independent directors the Central Government may prescribe the minimum number of independent directors in case of any class or classes of public companies o at least 2 independent directors in case of public company having paid up capital of at least Rs.10 crore or turnover of at least Rs.100 crore or have aggregate outstanding loansdebenturesdeposits of more than Rs.50 crore

A At least ½ of total directors

B At least 1/3 pf total directors

C At least ¼ of total directors

D At least 1/5 of total directors

E None of the above

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