Inclusion of Independent director in databank of Independent Directors after payment of additional fees, in case of delay in applying/renewal (MCA Notification dated 18th June 2021)

MCA has issued notification on 18th June 2021 by Companies (Creation andMaintenance of databank of Independent Directors) Amendment Rules, 2021 inserting sub rule 8 in Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019. As per new sub rule 8, In case of delay on the part of an individual in applying toContinue reading “Inclusion of Independent director in databank of Independent Directors after payment of additional fees, in case of delay in applying/renewal (MCA Notification dated 18th June 2021)”