IICA Independent Director case studies
IICA Independent Director · Put your knowledge to work in context.
The IICA Independent Director credential refers to registration with the Independent Directors Databank maintained by the Indian Institute of Corporate Affairs (IICA), an institute under the Ministry of Corporate Affairs, Government of India. IICA's website states that "Registration for Independent Directors is LIVE" and that registration or renewal with the Independent Director's Databank can be made as per the Notification dated 18th June, 2021. The IICA Independent Director case studies are 5 cases and about 5,879 words.
1The Lapsed Databank Registration and the Proficiency Test Question
Meera Raghavan, 58, retired in 2021 after eleven years as Executive Director (a board position with key managerial responsibilities) of a listed public sector bank. On 5 May 2025 she joined the board of Suvarna Finance Ltd, a listed NBFC, as an independent director for a five-year term.
1,155 words, about 6 min2Information Suppression, an Unapproved Related Party Contract and a Stale Board Evaluation
Anantara Foods Ltd is a listed packaged-foods company. The promoter family holds 61%.
1,147 words, about 6 min3Second Term, an Over-Cap Sitting Fee and Stock Options for an Independent Director
Sundara Textiles Ltd, a listed company, appointed Latha Menon as an independent director by special resolution at the AGM of 30 June 2020 for a first term of five years expiring on 29 June 2025. She is 58, sits on eight other public company boards, and her databank registration is current.
1,189 words, about 6 min4Going Concern, a Deep-Discount Rights Issue and an Unrenewed Anchor Contract
Northline Chemicals Ltd is a listed speciality chemicals manufacturer. Consolidated debt is Rs 1,180 crore, 62% of net worth has been eroded, and term-loan repayments of Rs 210 crore fall due in the next twelve months against forecast operating cash flow of Rs 95 crore.
1,183 words, about 6 min5Unspent CSR Money, Ineligible Spend and a Committee That Meets Once a Year
Vasudha Agri Ltd is a listed company. Its average net profit computed under Section 198 for the three preceding financial years is Rs 42.4 crore, so its CSR obligation for FY2024-25 is Rs 84.8 lakh.
1,205 words, about 6 min