Corporate Law Can Independent Directors own company shares

[sushantrai19]

Jurisdiction

Delaware

Hello,
If the directors on the board of the company have shares in the company can they be considered as independent. Maybe they got shares when they invested or were granted shares when they joined the board.
Thanks,
Sushant

 

[army judge]

Hello,
If the directors on the board of the company have shares in the company can they be considered as independent. Maybe they got shares when they invested or were granted shares when they joined the board.
Thanks,
Sushant

This forum discusses US laws. We know NOTHING about the laws on your subcontinent nation of India.