In further relief to independent directors, the ministry of corporate affairs (MCA) relaxed both the requirements and timelines for the online self-assessment proficiency test such directors must take under the amended Companies (Appointment and Qualification of Directors) Rules, 2014.
Move to enable those holding key positions get exemption.
In a climbdown of sorts, the Corporate Affairs Ministry (MCA) has relaxed the criteria for taking the online self-proficiency test mandated for all independent directors. #casansaar (Source - Economic Times)
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