MCA tweaks norms relating to appointment of Independent Directors

MCA has notified the Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 whereby rule 6 has been amended to exempt (a) an advocate of a court; or (b) in practice as a chartered accountant; or (c) in practice as a cost accountant; or (d) in practice as a company secretary having 10 years of experience from passing online proficiency self-assessment test.MCA has notified the Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 whereby rule 6 has been amended to exempt (a) an advocate of a court; or (b) in practice as a chartered accountant; or (c) in practice as a cost accountant; or (d) in practice as a company secretary having 10 years of experience from passing online proficiency self-assessment test.taxmann.com Latest Statutory HappeningsRead More

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