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Section 258 – The Companies Act,1956

The Companies Act, 1956

258. Right of company to increase or reduce the number of directors.

258. Right of company to increase or reduce the number of directors.1[***] Subject to the provisions of sections 252, 255 and 259, a company in general meeting may, by ordinary resolution, increase or reduce the number of its directors within the limits fixed in that behalf by its articles.

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1. The brackets and figure “(1)” omitted by Act 36 of 1957, sec. 3 and Sch. II.

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The Companies Act, 1956

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