Right of persons other than retiring directors to stand for directorship – Refund of deposit under section 160 of the Companies Act, 2013 in certain cases. https://www.taxtmi.com/news?id=13467 Where a candidate standing for election in a not-for-profit company fails to secure the specified voting threshold, the Board of directors of that company must decide whether the deposit made under section 160 by or on behalf of the unsuccessful candidate is to be forfeited or refunded. en-us Wed, 15 Oct 2014 10:16:05 +0530 Wed, 15 Oct 2014 10:16:05 +0530 TaxTMI RSS Generator Right of persons other than retiring directors to stand for directorship – Refund of deposit under section 160 of the Companies Act, 2013 in certain cases. https://www.taxtmi.com/news?id=13467 Where a candidate standing for election in a not-for-profit company fails to secure the specified voting threshold, the Board of directors of that company must decide whether the deposit made under section 160 by or on behalf of the unsuccessful candidate is to be forfeited or refunded. News - Wed, 15 Oct 2014 10:16:05 +0530 https://www.taxtmi.com/news?id=13467