Independent
Directors Forum
Founding cohort · Applications open

The forum for what's next in the boardroom.

Independent Directors Forum (IDF) is a not-for-profit professional community for independent directors in India. A closed network for peer counsel, board-level learning, advocacy and your next mandate.

Why IDF

Independent directors carry the duty. Few have a forum of their own.

The role has grown faster than the support around it. Independent directors now chair audit committees, sign off on related party transactions, answer to regulators and carry personal liability, often with no peer group to test a judgement against.

IDF is that peer group. The statutory databank and training institutions do important work. IDF adds what happens between board meetings: candid, confidential conversation with people who sit in the same chair, practical briefings, and a collective voice on the issues directors face.

Companies Act, 2013 · Section 149
Sets who qualifies as independent, and Schedule IV codifies the role, duties and annual evaluation of independent directors.
SEBI LODR · Regulation 17
At least one third of a listed company's board must be independent, rising to half where the chairperson is executive or promoter-related.
SEBI LODR · Regulation 18
Two thirds of the audit committee, including its chair, must be independent directors.
Rule 6, Appointment Rules, 2014
Registration with the IICA independent directors' databank, with a proficiency self-assessment test unless exempt.
What members get

Eight programmes, built around the work of the board.

Each one answers a question independent directors have told us they struggle to get answered anywhere else.

Knowledge

Regulatory briefings

Plain-language notes on SEBI, MCA and RBI changes, written for the board rather than the compliance team.

Peer learning

Closed-door roundtables

Small, chaired discussions under the Chatham House Rule. What is said in the room stays in the room.

Skills

Board skills

Financial literacy, cyber risk, ESG and BRSR, enterprise risk. Focused sessions led by practitioners.

Mandates

Board seat matching

A vetted member directory that companies and search firms can approach through the Secretariat.

Mentorship

Director to director

Experienced chairs and committee heads paired with members taking on their first independent mandate.

Advocacy

A collective voice

Engagement with regulators on liability, indemnity, D&O cover and the practical limits of the role.

CPD

Continuing development

Structured learning hours tracked across the year, recognised in your member record.

Research

Benchmarks and surveys

Sitting fee and commission surveys, board evaluation practice and governance research for members.

How we work

A closed network, held to the standard of the boardroom.

Members only

No public profiles and no public feed. Every member is reviewed by the Secretariat before admission.

Chatham House Rule

Members may use what they hear, but never who said it. Candour is the point of the forum.

Your data, handled properly

Personal data is processed under the Digital Personal Data Protection Act, 2023, used only for membership, and never sold.

Independent of any firm

IDF is a Section 8 not-for-profit. Partner firms support our programmes but never receive the member list.

Becoming a member

Three steps from application to your first roundtable.

STEP 1

Apply

About two minutes. We ask for your LinkedIn profile, your board experience and what you want from the forum.

STEP 2

Review

The Secretariat reviews every application personally. You will hear from us within three working days with your status.

STEP 3

Welcome

Founding members are admitted together as one cohort, so the network is already full of peers on your first day.

About youStep 1 of 3
About you
Your public profile URL. We use it to verify board experience; it is never shared outside the Secretariat.
Questions

Before you apply.

Who can apply?

Serving independent directors of listed and unlisted companies, other serving directors, and senior professionals preparing for an independent mandate. Every application is reviewed by the Secretariat.

Why do you ask for my LinkedIn profile?

It lets us verify identity and board experience without a long form, and it is how we keep the network closed to the people it is meant for. Only the Secretariat sees it during review.

Is there a fee?

Applying is free. Membership categories and fees for the founding cohort are shared with applicants once they are approved.

Who runs IDF?

The Independent Directors Forum is a not-for-profit company registered under Section 8 of the Companies Act, 2013, incorporated on 25 September 2026. Any surplus is used for the forum's objects and is never distributed.

Does IDF replace the IICA databank?

No. Registration with the IICA databank remains a legal requirement for independent directors. IDF is an independent membership body that complements it with peer community, learning and advocacy.