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Appointment of Nominee Directors on PSU Boards

News and Press Release - Dated:- 27-4-2016 - The Boards of Central Public Sector Enterprises (CPSEs) comprises of functional, government and non-official Directors. The composition of Boards includes the Government Directors who are nominated from the concerned Administrative Ministry or other concerned Government agencies/Ministries/State Governments. It has also been provided that the choice of the Nominee Director would vest with the administrative Ministry. Section 52 (2) of the Companies Ac .....

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