Chairman of Meetings.
Notified Date of Section: 12/09/2013
104. (1) Unless the articles of the company otherwise provide, the members personally present at the meeting shall elect one of themselves to be the Chairman thereof on a show of hands.
(2) If a poll is demanded on the election of the Chairman, it shall be taken forthwith in accordance with the provisions of this Act and the Chairman elected on a show of hands under sub-section (1) shall continue to be the Chairman of the meeting until some other person is elected as Chairman as a result of the poll, and such other person shall be the Chairman for the rest of the meeting.
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Exceptions/ Modifications/ Adaptations 1. In case of private company – Section 104 shall apply ,unless otherwise specified in respective sections or the articles of the company provide otherwise. – Notification dated 5th june, 2015. 2. In case of Specified IFSC Public Company – Section 104 shall apply in case of a Specified IFSC public company, unless otherwise specified in the articles of the company. Notification Date 4th January, 2017. |
