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15.4.2014
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Appointment of directors
to be voted individually(Section: 162)
Companies Act, 2013
Presented By: Shalu Saraf CS Trainee
• Sec. 162(1): At the General Meeting of Company,
• Sec. 162(2): contravention of sub-section (1) shall be void, whether or not any objection was taken when it was moved.
• Sec. 162(3): for appointment as a director,
Motion for appointment of 2 or more Persons as
Directors of the company by single resolution
Not moved unless
Proposal to move such a motion has first been agreed to at the meeting without any votebeing cast against it
Motion for approving a
person
Motion for nominating
a person
treated as a motion for his appointment
or
Comparison Companies Act, 2013 Companies Act, 1956
Section 162 Section 263
Sec. 162(1):- At the general meeting of Company
Sec. 263(1):- At the general meeting of Public company or Private Company which is subsidiary of Public company
Sec. 162(2):- contravention of sub-section (1) shall be void, whether or not any objection was taken when it was moved.
Sec. 263(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.