Sona is a director elected by small shareholders of Rupa Ltd. In this matter, with reference to the provisions of Companies Act, 2013: (ii) What is the tenure of such director?
CS Professional · Advanced Company Law and Practice · PYQS · December 2017
Sona is a director elected by small shareholders of Rupa Ltd. In this matter, with reference to the provisions of Companies Act, 2013: (ii) What is the tenure of such director?
Answer & Explanation:
In terms of Section 151 of the Companies Act, 2013 read with Rule 7(5)(b) of the Companies (Appointments and Qualification of Directors) Rules 2014, director's tenure as small shareholders' director shall not exceed a period of three consecutive years.
Topics: Board of Directors
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