Which Company Has To Appoint Nominee Directors?

Meaning and concept of a nominee director  A nominee director is a person appointed to the board of directors of a corporation by an institution, such as a bank or a financial institution, in which the institution has an interest.

British Murac Syndicate Ltd  v. Alperton Rubber Co. Ltd

Facts of the Case The plaintiff syndicate was empowered[1], both by S.88 of the company’s articles of association and by a separate contract, to nominate two directors to the defendant company’s board. The directors of the defendant company had called

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