Section 151 — Appointment of director elected by small shareholders
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.
1. Ins. by Act 29 of 2020, s. 32 (w.e.f. 18-3-2021).
Related sections
- Section 149 — Company to have Board of Directors
- Section 150 — Manner of selection of independent directors and maintenance of databank of independent
- Section 152 — Appointment of directors
- Section 153 — Application for allotment of Director Identification Number
- Section 154 — Allotment of Director Identification Number
- Section 155 — Prohibition to obtain more than one Director Identification Number
- Section 156 — Director to intimate Director Identification Number
- Section 157 — Company to inform Director Identification Number to Registrar
- Section 158 — Obligation to indicate Director Identifica tion Number
- Section 160 — Right of persons other than retiring directors to stand for directorship
- Section 161 — Appointment of additional director, alternate director and nominee director
- Section 162 — Appointment of directors to be voted individually
- Section 163 — Option to adopt principle of proportional representation for appointment of directors
- Section 164 — Disqualifications for app ointment of director
- Section 165 — Number of directorships
- Section 166 — Duties of directors
- Section 167 — Vacation of office of director
- Section 168 — Resignation of director
- Section 169 — Removal of directors
- Section 170 — Register of directors and key managerial personnel and their shareholding
- Section 171 — Members’ right to inspect