company in any other body corporate in the name of a Director or nominee in pursuance of sub-section (2), or as the case ... Government, in any other body corporate in the name of a Director or nominee, or (iii) in respect of which a declaration has been made
total number of directors as independent directors and the Central Government may prescribe the minimum number of independent directors in case of any class ... independent director in relation to a company, means a director other than a managing director or a whole-time director or a nominee director
implementation of the agreement. The dissent was by
the three nominee directors of foreign investors,
the fourth nominee director having abstained from
voting. The objection ... days prior to the meeting by
Mr.B.K.Syngal, a nominee Director of the
Indian promoters by his e-mail dated
121A , 86 , 104B and 118 ,
to enable the trusts and its nominee Directors to exercise control
over the Board of Directors; (ii) alleged illegal removal ... project them as oppressive, looms large.
(ii) The fact that the nominee Directors stepped out of the
meeting of the Board held
directors on its board, out of which 10 were shareholder directors. Five directors were appointed by EMC who held 50% Phase I equity, three directors ... Credit and Investment Corporation of India (ICICI) appointed its nominee as the second nominee director and from September, 2001, the company had 12 directors
Nominee directors
Professional Directors who associate with companies for their
expert knowledge act as independent directors. Such
independent directors apart from receiving director ... independent director in relation to a company,
means a director other than a managing director or a
whole-time director or a nominee director
Companies Act, 2013
161. Appointment of additional director, alternate director and nominee director.—
(1) The articles of a company may confer on its Board
banks and financial institutions (lenders) also had their Nominee Directors on the Board of the S.P.G.L. It is also further stated that ... Nominee Directors and also constituted a Committee of Directors for day to day management of the Company. The Directors constituting the Committee of Directors were
Nominee
directors Professional Directors who associate with
companies for their expert knowledge act as
independent directors. Such independent directors
apart from receiving director ... appointment of
retiring Directors applies to the Original Director and not to
the Alternate Director.
5. 'Shadow' Director: A person
directors were inducted as nominee directors of the petitioners. These two directors were Mr. Muneesh Chawla, Managing Director of IVC and Mr. Manoj Borkar, Chief ... September 2002 note that no nominees of the petitioners were present at the meeting. Since none of the nominee directors was present, it was unanimously
