Question
How many independent directors should be there in a
listed company?ÂSolution
·        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 loans/debentures/deposits of more than Rs.50 croreÂ
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