Question
Which of the following best describes a "nominee
director" in a company?Solution
Section 149 of Companies Act 2013 - Company to have Board of Directors: (7) Explanation.—For the purposes of this section, “nominee director” means a director nominated by any financial institution in pursuance of the provisions of any law for the time being in force, or of any agreement, or appointed by any Government, or any other person to represent its interests.
Find the appropriate error.
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