Practice Areas · Operations · Virtual CFO & Finance · Virtual CFO · Independent director
Independent Director Services
Help appointing qualified independent directors — and meeting the related compliance.
What independent director services cover
Certain companies — listed companies and prescribed public companies — must appoint independent directors who meet strict independence criteria, are registered in the IICA data bank, and have cleared the online proficiency self-assessment where required.
The firm advises on whether independent directors are required, helps identify suitable qualified candidates, and handles the appointment and the related compliance. Independence and conflicts are checked carefully before any engagement.
Who must appoint independent directors
Required
- Every listed public company — at least one-third of the board
- Public companies above prescribed capital, turnover, or borrowing thresholds — at least two
Conditions
- Candidates must meet the independence criteria of Section 149(6)
- Registration in the IICA data bank and the proficiency test where applicable
How we work
- 01
Confirm the requirement
Establish whether and how many independent directors are required.
- 02
Identify candidates
Help identify qualified candidates from the data bank meeting the criteria.
- 03
Appoint
Handle the appointment, consents, and the DIR-12 filing.
- 04
Support compliance
Support the ongoing independent-director compliance and declarations.
Why work with PBT
PBT helps you meet the independent-director requirement correctly.
- Clear advice on the requirement and numbers
- Help finding qualified, eligible candidates
- Appointment formalities and DIR-12 handled
- Independence criteria and declarations checked
- Scope, deliverables, and fees agreed in writing up front
Frequently asked questions
Which companies need independent directors?
Listed public companies and public companies above the prescribed thresholds. We confirm the requirement and the number for your company.
What is the IICA data bank?
The data bank maintained by the Indian Institute of Corporate Affairs from which independent directors are drawn; candidates must register and, where applicable, pass the proficiency self-assessment.
How long does it take?
Identifying and appointing a qualified independent director typically takes a few weeks.
Appoint an independent director
Tell us about your company, and we'll confirm the requirement and help with the appointment.
Send an enquiryThis page describes the nature of the firm's services and is not a solicitation or legal advice. Thresholds, timelines, and applicable registrations depend on your specific facts; engagement terms and fees are agreed in writing per assignment.