INCUBATION                   INFORMATION ABOUT COMPANIES   WHAT IS A COMPANY?   HOW TO FORM A COMPANY?   WHY PRIVATE COMPANIES ARE PREFERRED?   COMPANIES AND PARTNERSHIPS COMPARED   FEES FOR REGISTRATION OF NEW COMPANIES   SOME SALIENT STEPS, AFTER INCORPORATION   DUTIES OF DIRECTORS   LIABILITIES OF DIRECTOR   NOMINEE DIRECTORS AND CONFLICT OF INTEREST   APPOINTMENT AND ROLE OF NOMINEE DIRECTORS   Compliances to be adhered to by a Private Limited Company     QUERY: 1. If there is any other decision making body in advisory capacity (other than Board of Directors), in a Company. What will be the liabilities of a nominee Director, if he is also a member of that body? 2. What will be the position of a nominee officer, nominated by nominee body, in a decision making body in which he is not a director on the Board?

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