https://www.taxtmi.com/acts?id=12587 Increase in the number of directors in a public company or a private company that is a subsidiary of a public company requires Central Government approval; increases have no effect unless approved and are void if disapproved. Exceptions apply where the increase is within the permissible maximum in the company's articles-either as in force on the historical date for existing companies or as first registered for subsequently formed companies-and a proviso exempts approval for modest increases that do not raise the total beyond a small threshold. en-us Thu, 12 May 2011 17:15:43 +0530 Thu, 12 May 2011 17:15:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12587 Increase in the number of directors in a public company or a private company that is a subsidiary of a public company requires Central Government approval; increases have no effect unless approved and are void if disapproved. Exceptions apply where the increase is within the permissible maximum in the company's articles-either as in force on the historical date for existing companies or as first registered for subsequently formed companies-and a proviso exempts approval for modest increases that do not raise the total beyond a small threshold. Act-Rules Companies Law Thu, 12 May 2011 17:15:43 +0530 https://www.taxtmi.com/acts?id=12587