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If a Private or Closely held public company appoints a person who is friend/relative of the managing director in which category he should be placed. viz. Promoter,/ Professional / Independent. There are three categories in Form DIR-12 and MGT-7. The company has no legal requirement to appoint a Independent Director.and the person does not hold any qualification to be called a professional. Seek expert views.

Section 152- Appointment of directors.

Posted By: K k arora 9 year(s) ago

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k gopalan

Since the person is not a Promoter and also since the Company is not legally required to appoint an Independent Director, I think it would be best to place him in the category of Professional Director.

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