Section 263 - Appointment of directors to be voted on individually. - Companies Act, 1956

Appointment of directors to be voted on individually. 263. (1) At a general meeting of a public company or of a private company which is a subsidiary of a public company, a motion shall not be made for the appointment of two or more persons as directors of the company by a single resolution, unless a resolution that it shall be so made has first been agreed to by the meeting without any vote being given against it. (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 [1] [the director retiring by rotation] in default of another appointment shall apply. (3) For the purposes of this section, a motion for approving a person's appoint ment, or for nominating a person for appointment, shall be treated as a motion for his ap pointment. ---------------------------------- Notes:- [1] Substituted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 87, for "retiring directors".