As per Companies Act, 2013 independent directors ___________.

are to retire by rotation as per section 152

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are not to retire by rotation

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no provision for the retirement of Independent director in Companies Act, 2013

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none of the above

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Solution

The correct option is B are not to retire by rotation
The term of appointment of an Independent Director (ID) of the Company is for a period of 5 consecutive years from the date of his/ her appointment. Independent Director is not liable to retire by rotation. Appointment of every independent director shall be approved by members’ of the Company.

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