Companies Act

Section 162. Appointment Of Directors To Be Voted Individually

Companies Act, 2013

(1) At a general meeting of a company, a motion for the appointment of two or more persons as directors of the company by a single resolution shall not be moved unless a proposal to move such a motion has first been agreed to at the meeting without any vote being cast against it.


(2) A resolution moved in contravention of sub-section (1) shall be void, whether or not any objection was taken when it was moved.


(3) A motion for approving a person for appointment, or for nominating a person for appointment as a director, shall be treated as a motion for his appointment.


READ  Section 408. Constitution Of National Company Law Tribunal

Trending Posted

Get Started Live Chat