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[Cites 0, Cited by 3] [Section 408] [Entire Act]

Union of India - Subsection

Section 408(5) in The Companies Act, 1956

(5)No change in the Board of Directors made after a person is appointed or directed to hold office as a Director or additional Director under this section shall, so long as such Director or additional Director holds office, have effect unless confirmed by the [Tribunal] [Inserted by Act 65 of 1960, Section 155 (w.e.f. 28.12.1960). ].