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[Cites 0, Cited by 0] [Section 294AA] [Entire Act]

Union of India - Subsection

Section 294AA(7) in The Companies Act, 1956

(7)If the company in general meeting disapproves the appointment referred to in sub-section (3), such appointment shall, notwithstanding anything contained in sub-section (6), cease to have effect from the date of the general meeting.