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of <h1>Small Shareholders Can Nominate a Director with 10% Support; Listed Firms Use Postal Ballot Election</h1> A company can elect a small shareholders' director either on its own initiative or upon the notice of at least 1/10th of the small shareholders. The nomination must be submitted at least 14 days before the meeting, signed by at least 100 small shareholders, and include relevant details of the nominee and proposers. The nominee must consent in writing. Listed companies elect the nominee via postal ballot, while unlisted companies require majority recommendation. The director serves a maximum of three years, eligible for re-election, and is treated as a director for all purposes except as a whole-time or managing director.
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