MCA vide notification dated 29th April, 2020 extends the timeline for online application for inclusion of name of Directors in the data bank of Independent Directors.
Every Director appointed as an Independent Director in a Company on the date of commencement of the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 i.e. 1st December, 2019 can apply online for inclusion of his name in the Data Bank of Independent Directors within 7 months from 1st December, 2019.
Earlier, the time period provided for the same was within 5 months from 1st December, 2019.
The complete notification is attached herewith:
Hello corporatelawreporter.com owner, Your posts are always well-supported by facts and figures.
Aw, this was an exceptionally nice post. Taking the time and actual
effort to produce a superb article… but what can I say… I procrastinate a whole lot and never
seem to get nearly anything done.