GreenGro Technologies Inc (GRNH)

[Edward]

Chew is a director , not an independent director.However you are right an independent director is a joke and doesn't really serve much of a purpose. IMO they are there for any connections they might have that could help the company, other than that it is ridiculous. But it is common place for public companies.

"An independent director (also sometimes known as an outside director) is a director (member) of a board of directors who does not have a material or pecuniary relationship with company or related persons, except sitting fees. In the US, independent outsiders make up 66% of all boards and 72% of S&P 500 company boards, according to The Wall Street Journal"

The Companies Act, 2013, most sections of which got implemented from 1 April 2014, has mandated all listed public companies to have at least one-third of the total Directors to be independent. ]Whereas in the case of unlisted public companies, the following class of companies shall have at least two directors as independent directors:

LINK:

https://blog.ipleaders.in/role-independent-director-takeover-transaction/