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[Cites 0, Cited by 5] [Section 263] [Entire Act]

Union of India - Subsection

Section 263(2) in The Companies Act, 1956

(2)A resolution moved in contravention of sub-section (1) shall be void, whether or not objection was taken at the time to its being so moved:Provided that where a resolution so moved is passed, no provision for the automatic re-appointment of [the Director retiring by rotation] in default of another appointment shall apply.