DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.3 Marks
Question
When the nominee director is can be appointed?
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Answer
The board of directors may nominate the nominee in the following circumstances, as per the provision of the company's regulatory order. A nominated person is appointed as a director in accordance with the agreement with any organization. According to current law, the person nominated by an institution is appointed as the director. Shareholding tax from the central government or the state government in a government company nominated person can be appointed as a director.
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