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Bureaucracy

LIC free to remove Dir not appointed by it on IDBI Bank Board

The Life Insurance Corporation of India (LIC) by Ordinary Resolution would be able to remove a Director (not being a Director appointed by LIC) before the expiry of his period of office from the Board of IDBI Bank.  

By Whispers in the Corridors 1 min read

The Life Insurance Corporation of India (LIC) by Ordinary Resolution would be able to remove a Director (not being a Director appointed by LIC) before the expiry of his period of office from the Board of IDBI Bank.

 

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