Examveda
Examveda

'Small shareholder' means a shareholder holding shares of nominal value of not more than twenty thousand rupees or such other sum as may be prescribed. According to section 151 of the Act every listed company may have:

A. one director elected by such small shareholders

B. two directors elected by such small shareholders

C. one director nominated by board of directors

D. no such directors are required

Answer: Option A


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