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    An Alternate Director Can be Appointed as Nominee Director

    Posted By : Sachin / Published on : 10-Jun-2021 12:59 PM / View : 407 / Comment : 0

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    Dear Members,

    Under Companies Act, 2013, the appointment of a nominee director is made in accordance with section 161(3) .
    A nominee director is “nominated” by a nominator. The nominator has all the rights with respect to appointment, removal, resignation or cessation and the terms and conditions of appointment form part of a long term agreement or a shareholders’ agreement entered into with the investee company.

    My query is an alternate director can be appointed as nominee director?
    Read more on : director nominee appointed alternate

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