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of <h1>Companies Act Section 265: Proportional Representation for Director Appointments in Public Companies Every Three Years</h1> Section 265 of the Companies Act, 1956, allows a company to include in its articles a provision for appointing at least two-thirds of its directors through proportional representation. This applies to public companies and private companies that are subsidiaries of public companies. The method of appointment can be through single transferable vote, cumulative voting, or another system, and must occur every three years. Interim casual vacancies are to be filled as per the guidelines of Section 262.
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