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.]
71. Inserted by the Companies (Amendment) Act, 1960.
Voting to be by show of hands in first instance.177. At any general meeting, a resolution put to the vote of the meeting shall, unless a poll is demanded under .... To read the full section download the app from Google Play store