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Choice to be made by director of more than [fifteen] companies at commencement of Act.
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....t of [3][the Companies (Amendment) Act, 2000] shall, within two months from such commencement,___ (a) choose not more than [4][fifteen] of those companies, as companies in which he wishes to continue to hold the office of director; (b) resign his office as director in the other companies; and (c) intimate the choice made....
TaxTMI
TaxTMI