Section 378-I of CA 2013 : Section 378-I: Amendment Of Articles
CA 2013
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Explanation using Example
Imagine a Producer Company named "GreenFarm Producers Ltd." that specializes in organic farming. The Board of Directors wants to introduce a new clause in the company's articles of association that specifies the process for including new members into the company.
To initiate the amendment, at least two-thirds of the elected directors propose the change. Alternatively, one-third of the existing membe...
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