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Law Aspire (CS) 10 August 2018
|Originally posted by : Ankur Garg|
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Regularization of additional director in an AGM is a special business for which explanatory statement under section 173 is required. This resolution is required to be passed by ordinary resolution.
In case of central govt /state gvt companies, the directors appointed by way of Government order.
In that case also we need to regularize in AGM /EGM meeting?