Companies Act, 2017

PART-VII

APPOINTMENT AND REMOVAL OF DIRECTORS

Companies Act, 2017 PART-VII APPOINTMENT AND REMOVAL OF DIRECTORS From: 2023-11-01 - To: 0000-00-00 165. Certain provisions not to apply to directors representing special interests- (1) Nothing in sections 158, 159, 161, 162 or 163 shall apply to- (a) directors nominated by a body corporate or company or any other entity owned or controlled, whether directly or indirectly, by the Federal Government or as the case may be. a Provincial Government on the board of the company in which such body corporate or company or entity has made investment; (b) directors nominated by virtue of investment made by the Federal Government or as the case may be, a Provincial Government or the Commission on the board; or (c) directors nominated by foreign equity holders on the board or any other body corporate set up under a regional co-operation or other…