Restriction on small shareholders' directorship limits concurrent service as that representative across multiple companies. The rule establishes that an individual may not concurrently hold the office of small shareholders' director in more than two companies, imposing a cap on simultaneous appointments to that representative office.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restriction on small shareholders' directorship limits concurrent service as that representative across multiple companies.
The rule establishes that an individual may not concurrently hold the office of small shareholders' director in more than two companies, imposing a cap on simultaneous appointments to that representative office.
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