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NOMINEE DIRECTOR

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sreedevi

Trainee

118 Points Posted on 05 September 2009

hI ,

appointment of nominee director in a pvt com. comes under which section? when will it take effect?

Resignation of directer comes under which section? when will it take effect?

i have searched the book. but iam not able to get it.

Pls clarify

Replies (1)

Guest

The companies Act, 1956 doesn't define anywhere in the act "Nominee Director". It is the Articles of Association which has to be followed in case of Appointment of Nominee Director.

Appointment of Nominee director doesn't relate to Private or Public Limited. So, your company can follow the AOA of your company and if there is no provision in AOA of your company, then read the Table A.

If you need further clarification than contact me.

Ankur Shah (Practicing Company Secretary)

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