Board director appointment framework shifts to members in general meetings under the amended company law provision. Section 378P of the Companies Act, 2013 is amended by omitting sub-section (2) and substituting sub-section (5) so that the directors of the Board shall be elected or appointed by the Members in general meetings. The amendment places the selection power expressly with the Members acting in general meeting and removes the omitted sub-section from the provision.
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.
Board director appointment framework shifts to members in general meetings under the amended company law provision.
Section 378P of the Companies Act, 2013 is amended by omitting sub-section (2) and substituting sub-section (5) so that the directors of the Board shall be elected or appointed by the Members in general meetings. The amendment places the selection power expressly with the Members acting in general meeting and removes the omitted sub-section from the provision.
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