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KLM Ltd. unlisted, seek to appoint Small Shareholder’s Director. How can they do so if the smallshareholders have not applied for the same?

March 27, 2020

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Ms. Kajol is a relative of Mr. Ketan. PQR Ltd. is the subsidiary Company of ABC Ltd. Mr. Ketan had givena guarantee to the Promoter of ABC Ltd on 20th Dec 2016. Can Ms. Kajol be appointed as anIndependent Director on 21st Dec 2018?

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HGK Ltd. appointed Mr. Ram as Small shareholder’s Director. Mr. Sham brother of Mr. Ram, Director ofa Section 8 Company receives 32% of its receipts from HGK Ltd. Can Mr. Ram continue as a Smallshareholder’s Director?

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