Section 152 (6) and (7)
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09-Jan-2023 06:24 AM /
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A public company has three directors. Out of three directors 1 director is an
independent director whose office is not liable to retire by rotation, 1 director is a managing director appointed for a fixed term and 1 is the promoter director/ director appointed pursuant to share purchase agreement/ nominee director etc. whose office also is not liable to retirement by rotation.
How can such a company ensure the compliance of section 152 (6) and (7)?
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