14 July 2011
The companies act, 1956 doesn't make any differece between a director and a nominee director. But these directors are neither required to acquire the qualification shares nor will they be taken into account for the purpose of calculating the total number of directors in the company. In my point of view, It is not possible to appoint all the directors as a nominee directors in a company. because they are not taken into account for the purpose of number of directors. ALL THE BEST!
CAclubindia
