1* * * If any Director of the said Association shall cease to be a Director, otherwise than by the operation of the rule of rotation aforesaid, the Directors of the said Association shall, with all convenient speed after such public notice as is hereinafter directed, call an extraordinary general meeting of the proprietors for the purpose of choosing a successor and such successor shall come into the same place in the rotation aforesaid in which the Director whom he has succeeded was.
Source footnotes
1. The words “And it is hereby enacted, that” omitted by Act 12 of 1891, s. 2 and Sch. I.आगे पढ़ें / Continue reading
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More sections of this act
Section 1 · Incorporation.Section 2 · Power to sue and be sued, and to acquire, hold and transfer property.Section 3 · Capital Stock and shares.Section 4 · Registering of names of proprietors. Register to be open to inspection.Section 5 · Share-certificates.Section 6 · Transfer of shares.Section 7 · Proprietors of shares to be members of Association.Section 8 · First Directors of Association.India Code, Government of India. Text fetched 16 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.