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An independent director ... The compensation offered to such Independent Directors in the form of "sitting fee" has also been increased from Rs. 20,000 (prescribed by ...
In the UK, section 439 of the Companies Act 2006 mandates a vote on director pay at the yearly accounts meeting. Directors are expected to have disclosed their remuneration package in a "Remuneration Report" (section 420). Failure to do this leads to fines. In addition, UK law regulates tightly several elements beyond basic director pay.
A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of the executive management team.
Anne Hathaway said director Christopher Nolan also doesn’t allow chairs on set, explaining, “If you have chairs, people will sit, and if they’re sitting, they’re not working,” in a 2020 ...
Directors' duties are a series of statutory, common law and equitable obligations owed primarily by members of the board of directors to the corporation that employs them. It is a central part of corporate law and corporate governance. Directors' duties are analogous to duties owed by trustees to beneficiaries, and by agents to principals.
Guinness was successful in its bid, though only after (among other things) Ward had been paid £5.2m. Ward claimed that this "fee" was agreed among the committee of three directors. Guinness plc's articles of association gave power to fix directors' remuneration to the whole board, which could then delegate any of its powers.
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