Naman Gupta, BBA LLB, Vivekananda Institute of Professional Studies
Independent directors play an important role in day-to-day working of a corporate firm by virtue of their apparent expertise. It constitutes an inevitable part of the firm. The concept of "independent directors" evolved in tandem with the term "corporate governance." Independent directors have traditionally been expected to invest their knowledge and intellect into the company and not money. The scope of the paper includes the important topics such as laws related to the qualification, tenure, roles and responsibilities, and much more. The research is widened to include the glimpse of laws in USA and gives insight on the same so as to understand the international trends on same. The paper also provides with a brief about the differences in the laws of India and USA in context of Independent Directors. The researcher has chosen this topic considering the fact that the concept is relatively newer to the Indian business world and hence, certain relevant updates from major companies in India have also been mentioned and analyzed to understand how the Indian corporate sector has changed since this position is now being taken up seriously unlike before.
Keywords: Independent, Directors, corporate, governance, US, India.