Economics · Corporate Law

Under the Companies Act, 2013, an independent director can hold office for up to:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1A single continuous block of 10 years without requiring special resolution approval
2Unlimited terms subject to shareholder approval every year
3Two consecutive terms of up to 5 years each✓
4One term of 3 consecutive years

Correct answer

Two consecutive terms of up to 5 years each

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