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DENA BANK - Cessation of Director
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08 Jul 2014
Dena Bank has informed BSE that in exercise of the powers conferred by clause (e) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings ) Act, 1970 / 1980 read with sub-clause (1) and (2) of clause 9 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/ 1980, the Central Government, vide notification dated November 23, 2011 had appointed Shri Satya Prakash Sharma, Dena Bank as Workmen Employee Director on the Board of the Bank, from the date of notification of his appointment till June 30, 2014 i.e. the date of his attaining superannuation or till he ceases to be a workmen employee of Dena Bank or until further orders, whichever is the earlier.&lt;br/&gt;&lt;br/&gt;As per above notification, the term of Shri Satya Prakash Sharma, ceases as a Director on the Board of the Bank w.e.f. July 01, 2014 after attaining his superannuation on June 30, 2014.
View all announcements for DENA BANK Source: BSE India