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sec. 265

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raj

raj (Querist)
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24 July 2010 what is the exact meaning of "Propotational Representation" for the purpose of sec 265 of companies act.

sachin alwadhi

sachin alwadhi (Expert)
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25 July 2010 SECTION 265 PROVIDES THAT AOA OF PUBLIC COMPANY OR PRIVATE COMPANY WHICH IS SUBSIDIARY OF PROVIDE FOR APPOINMENT OF DIRECTORS BY PR.THIS IS FOR PROVIDING REPRESENTATION OF ALL SEGMENTS OF THE SHAREHOLDERS

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