Namaste! Welcome to Bandari and Associates
 
     
   
 

  •  contact@bandarica.in,       bandariandassociates1@gmail.com
               +91 9652261086, 9849972843, 9182855299


  • 3-6-195/B, Flat No.101, 1st Floor, Gouri Apartment, Urdu Hall Lane, Street No.20, Himayat Nagar, Hyderabad, Telangana - 500029.


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    Companies_Act,_1956
    Section / Rule Number   Content   
     
    252 Minimum number of directors
    253 Only individuals to be directors
    254 Subscribers of memorandum deemed to be directors
    255 Appointment of directors and proportion of those who are to retire by rotation
    256 Ascertainment of directors retiring by rotation and filling of vacancies
    257 Right of persons other than retiring directors to stand for directorship
    258 Right of company to increase or reduce the number of directors
    259 Increase in number of directors to require government sanction
    260 Additional directors
    261 Certain persons not to be appointed directors, except by special resolution
    262 Filling of casual vacancies among directors
    263 Appointment of directors to be voted on individually
    263A Sections 177, 255, 256 and 263 not to apply in relation to companies not carrying business for profit, etc.
    264 Consent of candidate for directorship to be filed with the company and consent to act as director to be filed with the registrar
    265 Option to company to adopt proportional representation for the appointment of directors
    266 Restrictions on appointment or advertisement of director
    267 Certain persons not to be appointed managing directors
    268 Amendment of provision relating to managing, whole-time or non-rotational directors to require government approval
    269 Appointment of managing or whole-time director or manager to require government approval only in certain cases
    270 Time within which share qualification is to be obtained and maximum amount there of
    271 Filing of declaration of share qualification by director
    272 Penalty
    273 Saving
    274 Disqualifications of directors
    275 No person to be a director of more than fifteen companies
    276 Choice to be made by director of more than fifteen companies at commencement of act
    277 Choice by person becoming director of more than fifteen companies after commencement of act
    278 Exclusion of certain directorships for the purposes of sections 275, 276 and 277
    279 Penalty
    280 Age limit
    281 Age limit not to apply if company so resolves
    282 Duty of director to disclose age
    283 Vacation of office by directors
    284 Removal of directors
    285 Board to meet at least once in every three calendar months
    286 Notice of meetings
    287 Quorum for meetings
    288 Procedure where meeting adjourned for want of quorum
    289 Passing of resolutions by circulation
    290 Validity of acts of directors
    291 General powers of board
    292 Certain powers to be exercised by board only at meeting
    292A Audit Committee
    293 Restrictions on powers of board
    293A Prohibitions and restrictions regarding political contributions
    293B Power of board and other persons to make contributions to the national defence fund, etc
    294 Appointment of sole selling agents to require approval of company in general meeting
    294A Prohibition of payment of compensation to sole selling agents for loss of office in certain cases
    294AA Power of central government to prohibit the appointment of soleselling agents in certain cases
    295 Loans to directors, etc
    296 Application of section 295 to book debts in certain cases
    297 Board's sanction to be required for certain contracts in which particular directors are interested
    298 Power of directors to carry on business when managing agent or secretaries and treasurers are deemed to have vacated office, etc
    299 Disclosure of interests by director
    300 Interested director not to participate or vote in board's proceedings
    301 Register of contracts, companies and firms in which directors are interested
    302 Disclosure to members of director's interest in contract appointing manager, managing director
    303 Register of directors, etc.
    304 Inspection of the register
    305 Duty of directors, etc., to make disclosure
    306 Register to be kept by registrar and inspection thereof
    307 Register of directors' shareholdings, etc
    308 Duty of directors and persons deemed to be directors to make disclosure of shareholdings
    309 Remuneration of directors
    310 PROVISION FOR INCREASE IN REMUNERATION TO REQUIRE GOVERNMENT SANCTION
    311 Increase in remuneration of managing director on re-appointment or appointment after act to require government sanction
    312 Prohibition of assignment of office by director
    313 Appointment and term of office of alternate directors
    314 Director, etc., not to hold office or place of profit
    315 Application of sections 316 and 317
    316 Number of companies of which one person may be appointed managing director
    317 Managing director not to be appointed for more than five years at a time
    318 Compensation for loss of office not permissible except to managing or whole-time directors or to directors who are managers
    319 Payment to director, etc., for loss of office etc., in connection with transfer of undertaking or property
    320 Payment to director for loss of office, etc., in connection with transfer of shares
    321 Provisions supplementary to sections 318, 319 and 320
    322 Directors, etc., with unlimited liability in limited company
    323 Special resolution of limited company making liability of directors, etc., unlimited
    266A. Application for allotment of Director Identification Number
    266B. Allotment of Director Identification Number
    266C. Prohibition to obtain more than one Director Identification Number
    266D.Obligation of director to intimate Director Identification Number to concerned company or companies
    266E. Obligation of company to inform Director Identification Number to Registrar
    266F. Obligation to indicate Director Identification Number
    266G. Penalty for contravention of provisions of section 266A or section 266C or section 266D or section 266E
    		 
         
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