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        Companies Law

        Section 151 - Appointment of director elected by small shareholders

        Companies Act, 2013
        Chapter XI
        APPOINTMENT AND QUALIFICATIONS OF DIRECTORS

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        Director elected by small shareholders enables listed companies to include shareholder representation subject to prescribed election terms. Provision permits a listed company to include one director elected by small shareholders, with election manner and the director's terms and conditions prescribed by law; the explanation defines small shareholders by reference to a nominal holding ceiling subject to adjustment by subordinate legislation.
                      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.

                            Director elected by small shareholders enables listed companies to include shareholder representation subject to prescribed election terms.

                            Provision permits a listed company to include one director elected by small shareholders, with election manner and the director's terms and conditions prescribed by law; the explanation defines small shareholders by reference to a nominal holding ceiling subject to adjustment by subordinate legislation.


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