MCA Updates Companies (Appointment and Qualification of Directors) Third Amendment Rules,2020

Rule NoThe Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020The Companies (Appointment and Qualification of Directors) Third Amendment Rules,2020.Comment
Rule  6. Compliances required by a person eligible and willing to be appointed as an independent director in sub rule (1) clause (a)Every individual –(a) who has been appointed as an independent director in a company, on the date of commencement of the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019, shall within a period of [seven months] from such commencement; Every individual –(a) who has been appointed as an independent director in a company, on the date of commencement of the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019, shall within a period of [ten months] from such commencement; On the commencement of the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 who has been appointed as an independent director of the company shall within ten months  from such commencement shall apply online for inclusion of name in data bank.

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