Appointing a Nominee Director: Step-by-Step Process Once you understand a nominee director's eligibility criteria and responsibilities, the next step is to appoint one. The process involves: Identifying a suitable candidate Executing a service agreement Gathering necessary documentation Completing the appl...
Explanation to Section 149 (7) of the Companies Act, 2013 defines “nominee director” as 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 r...
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Nominee Supervisory Directorhas the meaning givenin Clause6.2.2; Sample 1Sample 2 Nominee Supervisory Directorshall have the meaning set forth inthe Shareholders Agreement. Sample 1 Examples ofNominee Supervisory Directorin a sentence Each Shareholder and anyNominee Supervisory Directorshall be entitled to...
The nominee director is a person who manages a company’s affairs, but who does not perform these duties at his/her sole discretion. The nominee Director acts strictly as per instructions related from the beneficial owner who is legally bound by a previous agreement. The owner has the power ...
(or in such other form as may be agreed between TCCI, the TCCI Registrar, the TCCI Transfer Agent and the relevant Purchaser(s)), or if issued by TMCC, being in the form or substantially in the form set out in Schedule 1 to the TMCC Note Agency Agreement (or such other form as ...
Lexeo late last year reached an agreement with the FDA on key elements of a registrational development plan for LX2006, an AAV-based gene therapy delivered intravenously for the treatment of Friedreich’s ataxia (FA) cardiomyopathy. The plan includes an accelerated approval pathway ...
In Turner’s confirmation hearing, there was bipartisan agreement that one of the root causes of the nation’s housing affordability crisis is a housing shortage. “As a country, we’re not building enough housing,” Turner said in his opening statement before the committee. “We ...
3DIP disclaims any intention or agreement to be treated as a joint holder (kyodo hoyu sha) under the Financial Instruments and Exchange Act of Japan, a closely related party (missetsu kankei sha) under the Foreign Exchange and Foreign Trade Act with other shareholders, or receiving any power...
According to Senate Minority Leader Mitch McConnell, Republicans were not yet in agreement on the nominee.Wall Street Journal - Eastern EditionShermanJake