Mera Samvidhaan All of Companies Act, 2013

Chapter XI · Appointment and Qualifications of Directors

163Option to adopt principle of proportional representation for appointment of directors.

Section 163 · Chapter XI · page 112 of the Act

Notwithstanding anything contained in this Act, the articles of a company may provide for the appointment of not less than two-thirds of the total number of the directors of a company in accordance with the principle of proportional representation, whether by the single transferable vote or by a system of cumulative voting or otherwise and such appointments may be made once in every three years and casual vacancies of such directors shall be filled as provided in sub-section (4) of section 161.

Other provisions that mention Section 163

Section 163 of The Companies Act, 2013 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.