Independent Directors Databank

Independent Directors Databank
•Developed and maintained by the Indian Institute for Corporate Affairs (IICA) under Ministry of Corporate Affairs.
•For a wide array of e-learning courses on various topics including the Companies Act, Securities laws, basic accountancy, board practices, board ethics and board effectiveness.
•An Independent Director is a director on a board of directors representing minority shareholders and who does not have a pecuniary relationship with the company or related persons, except for sitting fees
•The Companies Act, 2013 has mandated all listed public companies to have at least one-third of the total Directors to be independent
[Ministry of Corporate Affairs has launched the Independent Directors Databank in accordance with the provisions of the Companies Act, 2013 and the rules made thereunder.]
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