Question

An independent director means a director other than a_______who does not have any material or pecuniary relationship with the company/ directors.

• A. managing director
• B. whole-time director
• C. nominee director
• D. all of the above

Answer 1

Answer: (D)

all of the above

As per section 2 (47) of the Companies Act, 2013, independent director is defined as an independent director referred to in sub-section (6) of section 149. Under section 149 (6) of the act, 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.