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Increase in number of directors to require Government sanction.

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Full Text of the Document

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.... to require Government sanction. 259. In the case of a public company or a private company which is a subsidiary of a public company, any increase in the number of its directors, except  &nbsp....

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Full Text of the Document

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.... shall not have any effect unless approved by the Central Government; and shall become void if, and in so far as, it is disapproved by that Government: [1][Provided that where such permissible maximu....