01 September 2013
Respected Experts CCI 1-Is it compulsory to comply section 255 and section 256 where Directors are appointed by proportional representation as per section 265?
02 September 2013
According to me No A director appointed through proportional representation as per section 265, cannot be subject to the provisions of section 255 and 256, as such director is appointed for minimum 3 years. Wait for the opinion of other experts.