Table of Contents
Can you become an independent director in board of any company?
Ans: Every individual already acting or aspiring to become an independent director on the board of a company. Q 2. Where to Apply…? Ans: They have to apply online at MCA website www.mca.gov.in in ID Data Bank Services under MCA Services tab on home page.
How do you become a director of a listed company?
A listed company, could upon the notice of minimum 1000 small shareholders or 10\% of the total number of the small shareholder, whichever is lower, shall have a director which would be elected by small shareholders.
How much do independent directors get paid?
Where effective capital is less than ₹5 crore, the remuneration to an independent director is capped at ₹12 lakh a year, and where it is between ₹5 crore and ₹100 crore, the ceiling is ₹17 lakh.
Is exam mandatory for Independent Directors?
By this amendment, the scope of exemption from passing the online proficiency self-assessment test for inclusion of name in the data bank of Independent Directors is widened. (D) in practice as a company secretary, shall not be required to pass the online proficiency self-assessment test.
An independent director should not have been a partner or executive director of the auditors/lawyers/consultants of the company in preceding three years or should not hold 2\% or more of shares of the company.
Can independent director get commission?
Section 149 (9) of the Companies Act, 2013 states that independent director may receive remuneration by way of fee provided under sub-section (5) of section 197, reimbursement of expenses for participation in the Board and other meetings and profit related commission subject to resolution of the shareholders duly …
How much do Indian directors earn?
The national average salary for a Director is ₹35,00,000 in India.
How do I take the Independent Director exam?
Process Outline for Test
- Login into the Databank.
- Go to the dashboard.
- Select the slot as per your convenience for attempting the test.
- Attempt the test as per the slot booked.
- Get test result and reports published.
- There is no limit on the number of attempts to pass the test.
How do you give an Independent Director mock test?
Mock Test can be accessed after login from dashboard. After that, the user has to click on “Take Mock Test” for launching appropriate page, then Select “Mock Test” >Go to Test > Launch Test.