Company director appointments can be made by proportional representation, including STV or cumulative voting, on a three year cycle. Companies may provide in their articles for appointment of not less than two-thirds of directors by the principle of proportional representation, using the single transferable vote, cumulative voting, or other methods; such appointments may be made once every three years, and casual vacancies among those directors are to be filled in accordance with the statutory procedure for casual vacancies.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Company director appointments can be made by proportional representation, including STV or cumulative voting, on a three year cycle.
Companies may provide in their articles for appointment of not less than two-thirds of directors by the principle of proportional representation, using the single transferable vote, cumulative voting, or other methods; such appointments may be made once every three years, and casual vacancies among those directors are to be filled in accordance with the statutory procedure for casual vacancies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
