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Union of India - Section

Section 51 in The Companies (Amendment) Act, 2017

51. Amendment of section 161.

In section 161 of the principal Act,—
(i)in sub-section (2), after the words "alternate directorship for any other director in the company", the words "or holding directorship in the same company" shall be inserted;
(ii)in sub-section (4),—
(a)the words "In the case of a public company," shall be omitted;
(b)after the words "meeting of the Board", the words "which shall be subsequently approved by members in the immediate next general meeting" shall be inserted.