Hi all,
“Nominee Director ”means a director nominated by any financial Institution in pursuance of the provisions of any law for the time being in force, or of any agreement, or appointed by any Government , or any other person to represent its interests”.
Read more at: /articles/appointment-of-a-nominee-director-by-the-board-some-legal-perspectives-28477.asp.
Please clarify this,
Thanks in advance.
| Originally posted by : ratnakar reddy | ||
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Hi all, “Nominee Director ”means a director nominated by any financial Institution in pursuance of the provisions of any law for the time being in force, or of any agreement, or appointed by any Government , or any other person to represent its interests”. Read more at: /articles/appointment-of-a-nominee-director-by-the-board-some-legal-perspectives-28477.asp. Please clarify this, Thanks in advance. |
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It can also be in accordance to the provisions of Articles of Association of the Company .
It may also be from a company/ which has not invested in other company
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