Year : 2010-11 - CCL
Year : 2010-11 - CCL
Year : 2010-11 - CCL
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__________________________________________________<br />
Service contract<br />
CENTRAL COALFIELDS LIMITED<br />
All the Directors of the Company are appointed by the President of India. The terms & conditions<br />
of all the Full Time Functional Directors are decided by the President of India in terms of Articles of<br />
Association of the Company.<br />
B. Part-time Directors:<br />
No remuneration is paid to the Part-time Directors by the Company.<br />
C. Non-official Part Time Directors<br />
No remuneration is being paid, except Sitting Fees for attending the Board/Committee meetings.<br />
3. BOARD COMMITTEE<br />
(i)<br />
Empowered Sub-Committee of Directors<br />
In compliance with the Principles of Corporate Governance, Empowered Sub-Committee of<br />
Directors for evaluation, appraisal & approval of projects, has been re-constituted with the approval of<br />
the Board of Directors into 365th meeting held on 26.02.<strong>2010</strong> comprising the following :<br />
1. Chairman-cum-Managing Director, <strong>CCL</strong> — Chairman<br />
2. Joint Secretary, MoC — Member<br />
3. Shri M.K. Sinha — Member<br />
(Non-official part-time Director)<br />
4. Director (Technical/Oprn.), <strong>CCL</strong> — Member<br />
5. Director (Finance), <strong>CCL</strong> — Member<br />
6. Chief Operations Manager, EC Rly. — Special Invitee<br />
Consequent upon completion of tenure of Shri M.K. Sinha, Non-Official Part-Time Director of<br />
<strong>CCL</strong> on 23.08.<strong>2010</strong>, the Board at its 369th meeting held on 29.07.10 approved re-constitution of the<br />
Empowered Sub-Committee of Directors w.e.f. 24.08.<strong>2010</strong> by inducting Shri Gautam Basu, Non-<br />
Official Part-Time Director, as a member vice Shri M.K. Sinha.<br />
Further, on appointment of Shri S. Chakrabarti as Part-Time Non-Official Director on <strong>CCL</strong> Board,<br />
the Board at its 376th meeting held on 03.04.<strong>11</strong>, approved the re-constitution of the Empowered<br />
Sub-Committee of Directors for evaluation, appraisal & approval of projects, comprising the following<br />
Members<br />
1. Chairman-cum-Managing Director, <strong>CCL</strong> — Chairman<br />
2. Joint Secretary, MoC, Govt. of India — Member<br />
3. Shri Gautam Basu, Non-official part-time Director — Member<br />
4. Shri S. Chakrabarti, Non-official part-time Director — Member<br />
5. Director (Tech/Oprn.), <strong>CCL</strong> — Member<br />
6. Director (Finance), <strong>CCL</strong> — Member<br />
7. Shri R.S. Pandey, COM, EC Rly., — Invitee<br />
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