Small shareholder definition limits eligibility to holders with nominal holdings below a specified threshold in qualifying public companies. The Rules define Act as the Companies Act, 1956 and define Small Shareholder as a shareholder holding shares up to a specified nominal value in a public ... Summary
Small shareholder definition limits eligibility to holders with nominal holdings below a specified threshold in qualifying public companies.
The Rules define Act as the Companies Act, 1956 and define Small Shareholder as a shareholder holding shares up to a specified nominal value in a public company to which the statutory provision on small-shareholder representation applies, thereby establishing the eligibility threshold for appointment under the Rules.
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