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Cooling period for independent directors: Is there a loophole?

Government and regulators should be on the alert. A 3-year cooling period after two 5-year terms for independent directors will take place in 2024. But companies are searching for a way out by @JayantThakur

April 05, 2024 / 13:45 IST
Cooling period for independent directors: Is there a loophole?

The law provides for a cooling period of three years during which independent directors shall not be associated in any manner directly or indirectly with the company

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