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Section 161(3)
of the Companies Act, 2013 deals with the Appointment of Nominee Director.
As per the provisions of section 161 (3) states that “Subject to the articles
of a company, the Board may appoint any person as a director nominated by any
institution in pursuance of the provisions of any law for the time being in
force or of any agreement or by the Central Government or the State Government
by virtue of its shareholding in a Government company.”
of the Companies Act, 2013 deals with the Appointment of Nominee Director.
As per the provisions of section 161 (3) states that “Subject to the articles
of a company, the Board may appoint any person as a director nominated by any
institution in pursuance of the provisions of any law for the time being in
force or of any agreement or by the Central Government or the State Government
by virtue of its shareholding in a Government company.”
Draft Board Resolution for appointment of Nominee Director
M/s. _________ (Name
of Nominating Agency) vide its letter dated ______________ has requested to
appoint Mr. ___________ as a Nominee Director on the board of _____________. Hence
it is proposed to appoint Mr. _________ as a Nominee Director on the board of ________.
of Nominating Agency) vide its letter dated ______________ has requested to
appoint Mr. ___________ as a Nominee Director on the board of _____________. Hence
it is proposed to appoint Mr. _________ as a Nominee Director on the board of ________.
RESOLVED THAT
pursuant to the provisions
of Article _____ of the
Articles of Association of the
company & in compliance of the nomination letter dated _________
received from M/s. _____________, Shri _____________, be & is hereby
appointed as a Nominee Director
on the Board of ___________.
pursuant to the provisions
of Article _____ of the
Articles of Association of the
company & in compliance of the nomination letter dated _________
received from M/s. _____________, Shri _____________, be & is hereby
appointed as a Nominee Director
on the Board of ___________.
FURTHER RESOLVED THAT ___________
be and
is hereby authorized
to file DIR-12 with the Registrar
of Companies and take all necessary
action to implement
the above board
resolution.
be and
is hereby authorized
to file DIR-12 with the Registrar
of Companies and take all necessary
action to implement
the above board
resolution.