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        Companies Law

        Rule 13 - Vacancies, etc., not to invalidate proceedings of Authority

        Investor Education and Protection Fund Authority (Appointment of Chairperson and Members holding of meetings and provision for offices and officers) Rules, 2016
        Chapter 01

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        Authority proceedings remain valid despite vacancies, defective appointments, or procedural laches not affecting the merits of decisions. Acts and proceedings of the Authority and its Committees are not invalid merely because of any vacancy in, or defect in the constitution of, the Authority and its Committees; any defect in the appointment of a person acting as a member; or any laches in the procedure of the Authority and its Committees not affecting the merits of the case.
                          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.

                                Authority proceedings remain valid despite vacancies, defective appointments, or procedural laches not affecting the merits of decisions.

                                Acts and proceedings of the Authority and its Committees are not invalid merely because of any vacancy in, or defect in the constitution of, the Authority and its Committees; any defect in the appointment of a person acting as a member; or any laches in the procedure of the Authority and its Committees not affecting the merits of the case.


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