Question

    An independent director in relation to a company, means a director _________________

    A Other than a managing director Correct Answer Incorrect Answer
    B Other than a whole-time director Correct Answer Incorrect Answer
    C Other than a nominee director Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer
    E Both a & c Correct Answer Incorrect Answer

    Solution

    Companies Act Section 149. Company to have Board of Directors: (6) An independent director in relation to a company, means a director other than a managing director or a whole-time director or a nominee director.

    Practice Next