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Is the appointment of a small shareholder director mandatory for a listed company as per new companies act, 2013 and what is the time limit for such appointment?

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Posted By: Rajesh agrawal 10 year(s) ago

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Expert Ankit Singhi

No its not mandatory. Company shall appoint such director on request of 1000 small shareholders or 1/10th of total number of such shareholders, whichever is lower

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