Companies Act, 2013
Companies Act, 2013
XI · Section 163

Option to adopt principle of proportional representation for appointment of directors

Synced on 07 Jul 2026Text as per India Code

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.

Judgments on Section 163