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Creation and maintenance of data bank

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..... ectors, and such databank shall be an online databank which shall be placed on the website of the institute, (2) The data bank referred to in sub-rule (1) shall contain the following details in respect of each person included in the data bank to be eligible and willing to be appointed as independent director- (a) DIN (Director Identification Number), if applicable; (b) Income Tax PAN; .....

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..... ame of the company; (ii) the nature of industry; (iii) the nature of directorship - Executive or Non-executive or Managing Director or Independent Director or Nominee Director; and (iv) duration - with dates. (3) The information available in the data bank shall be provided only to companies required to appoint independent director after paying a reasonable fees to the institute. .....

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..... (b) companies for providing the information on independent directors available on the data bank. 3 [ (8) In case of delay on the part of an individual in applying to the institute under sub-rule (7) for inclusion of his name in the data bank or in case of delay in filing an application for renewal thereof, the institute shall allow such inclusion or renewal, as the case may be, under rule 6 o .....

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