Appointment of Nominee Director

All companies. A Nominee Director may be appointed by the Board in accordance with the Articles or a shareholder/lender agreement, to represent the interests of a specific investor, lender, or government body.

Every seat on your board comes with its own paperwork. Section 161(3) governs exactly how this plays out. In real terms: procedure mirrors appointment of an Additional Director by the Board. This is exactly the kind of resolution Fi CTC Generator was built to make effortless.