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    HomeNewsOpinionCompany boards to see major churn in 2024 as independent directors may vacate office

    Company boards to see major churn in 2024 as independent directors may vacate office

    The Companies Act 2013 says independent directors can have two terms of five years each, a deadline which may end in 2024 

    Jayant Thakur
    February 29, 2024 / 09:02 IST
    Company boards to see major churn in 2024 as independent directors may vacate office

    While the law requires that a database of potential IDs should be created and which when exists, to be referred to, in reality it is quite likely that IDs may be shortlisted from known persons either directly or through references

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