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Independent directors

(Querist) 05 March 2012 This query is : Resolved 
what are the consequences of not having the proportionate number of Independent directors in a listed Company as per clause 49 of the listing agreement and will the Board meeting, minutes, etc. of such Company be held valid, till the continuation of such default.
Raj Kumar Makkad (Expert) 06 March 2012
There is no scope for academic queries as per decision of the experts.


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