Amendment of section 161.
51. 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.