Companies Act, 1956
Section - 263A - Sections 177, 255, 256 and 263 not to apply in relation to companies not carrying business for profit, etc.
[Sections , , and not to apply in relation to companies not carrying business for profit, etc.263A. Nothing contained in sections , , and shall affect any provision in the articles of a company for the election by ballot of all its directors at each annual general meeting if such company does not carry on business for profit or prohibits the payment of a dividend to its members.]
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