The Role of Independent Directors in Indian Companies and Their Need of D&O Insurance

An independent director is solely responsible for the overall growth of the company or firm. He is also known as an outsider director. The independent director is a member of the board of directors who are expected to bring an unbiased and unique perspective to the growth of a company. Nevertheless, the directors are prone to several risks. It is important to know the meaning of independent directors and why do they need for D&O insurance.

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