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An independent director shall be eligible for reappointment on:
Question

An independent director shall be eligible for reappointment on:

A.

Passing Ordinary Resolution

B.

Passing Special Resolution

C.

Approval of Board of Directors

D.

Approval of Central Government

Correct option is B


As per Section 149(10) of the Companies Act, 2013, an independent director is eligible for reappointment only through the passing of a Special Resolution in the general meeting of shareholders.

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