Securities And Exchange Board Of India - Subsection
Section 27(2)(ii) in Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
(ii)the Credit Rating Agency makes a disclosure in the rating announcement of such associate (about the existence of common independent director) on its Board or of its rating committee, and that the common independent director did not participate in the rating process or in the meeting of its Board of Directors or in the meeting of the rating committee, when the securities rating of such associate was discussed.]