Duties of Independent Directors

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Independent directors ko theory me company ke watchdogs kaha jata hai – wo promoters se free hote hain, minority shareholders ka interest guard karte hain, aur board decisions pe neutral view dete hain.

Law unse expect karta hai:

  • Financial statements critically review karna,
  • Related party deals pe tough questions poochna,
  • Risk management aur internal controls pe supervise karna,
  • Whistleblower complaints ko seriously lena.

Agar fraud ya major governance scandal ho, to regulators pooch sakte hain: “Independent directors kya kar rahe the?” Unka defence “humne kuch notice nahi kiya” tabhi chalega jab genuinely unhone homework kiya ho, minutes me unke questions record hon, aur red flags pe documented action ho.

Role glamorous lagta hai, par liability real hai. Appointment accept karne se pehle company ka track record, promoter reputation, aur compliance culture samajhna smart move hai.

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