Question

Section 2(47) of the Companies Act, 2013 prescribed that "Independent director" means an independent director referred to in sub-section (5) of ________ of the Act.

• A. Section 152
• B. Section 151
• C. Section 150
• D. Section 149

Answer 1

Answer: (D)

Section 149

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.