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Section 151: Appointment of director elected by small shareholders.

The Companies Act, 2013Central Act · Act 18 of 2013

A listed company may have one director elected by such small shareholders in such manner and with such terms and conditions as may be prescribed.

Explanation.-- For the purposes of this section "small shareholders" means a shareholder holding shares of nominal value of not more than twenty thousand rupees or such other sum as may be prescribed.

Where this provision sits

ActThe Companies Act, 2013
Section151
Marginal noteAppointment of director elected by small shareholders.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it2

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