Section Text
( 1 ) At a general me eting 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 me eting 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 of1[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 appointment, or for nominating a person for appointment, shall be treated as a motion for hi s appointment.
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1. Substituted by Act 65 of 1960, Section 87, for "retiring directors" (w.e.f. 28-12-1960).