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Section 163 of companies act 2013

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28 April 2015 sec 163- option to adopt principle of proportionate represntation . i m unable to understand this section can anyone please help me.
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FCMA CS Pardeep Khaneja

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FCMA CS Pardeep Khaneja (Expert)
28 April 2015 Meaning of Proportional Representation

The system of election, wherein parties standing for a post, gets voted in proportion to the number of votes cast for them. In the context, we are discussing herein, it means Election of directors by the Shareholders by different methods, mainly two methods, whereby shareholders gets a chance to vote for their choice of Director in the proportion of his holding.
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