How many independent directors shall be member of nomination and remuneration committee of company has 3 executive and 5 non executive directors on its bolt?
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The 2013 Act requires every listed company and prescribed class of companies to constitute Nomination and Remuneration Committee.It also provides that a company having a combined membership of more than 1000 shareholders, debenture holders, deposit holder and other security holder at any time during a financial year .
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