https://www.taxtmi.com/acts?id=13185 Election of a small shareholders' director requires a nomination notice signed by at least 100 small shareholders delivered at least 14 days before the meeting specifying the nominee's details and share particulars; the nominee must file written consent. Listed companies must use postal ballot; unlisted companies may appoint the nominee if a majority of small shareholders recommend the candidature. The director serves a maximum three-year tenure, may be re-elected, is governed by Companies Act requirements, but need not retire by rotation and cannot be appointed as whole-time or managing director. en-us Tue, 24 May 2011 17:46:18 +0530 Tue, 24 May 2011 17:46:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13185 Election of a small shareholders' director requires a nomination notice signed by at least 100 small shareholders delivered at least 14 days before the meeting specifying the nominee's details and share particulars; the nominee must file written consent. Listed companies must use postal ballot; unlisted companies may appoint the nominee if a majority of small shareholders recommend the candidature. The director serves a maximum three-year tenure, may be re-elected, is governed by Companies Act requirements, but need not retire by rotation and cannot be appointed as whole-time or managing director. Act-Rules Companies Law Tue, 24 May 2011 17:46:18 +0530 https://www.taxtmi.com/acts?id=13185