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[Cites 0, Cited by 0] [Section 7] [Entire Act]

Union of India - Subsection

Section 7(5) in The Companies (Appointment and Qualification of Directors) Rules, 2014

(5)The appointment of small shareholders' director shall be subject to the provisions of section 152 except that-
(a)such director shall not be liable to retire by rotation;
(b)such director's tenure as small shareholders' director shall not exceed a period of three consecutive years; and
(c)on the expiry of the tenure, such director shall not be eligible for re-appointment.