151
Meeting to fill up vacancies.
Casual
vacancy.
Retiring Director to remain in office till
successor
appointed.
Power
to remove Director by Extra- ordinary
26
an equal length of time the Director to retire shall, in default of agreement between them, be determined by lot. The length of time a Director has been in office shall be computed from his last election or appointment where he has previously vacated office.
97. (a) The Company at any General Meeting at which any Directors retire in manner aforesaid shall fil up the vacated offices by electing a like number of persons to be Directors and may without notice in that behalf fill up any other vacancies.
(b) Any casual vacancy occurring among the Directors may be filled up by the Directors; but any person so chosen shall retain his office only until the next Succeeding Ordinary Yearly Meeting of the Company, and shall then be eligible for re-election.
98. If at any General Meeting at which an election of Directors ought to take place the places of the retiring Directors are not filled up, the retiring Directors or such of them as have not had their places filled up shall be deem- ed to have been re-elected unless it shall be determined at such meeting to reduce the number of Directors.
99. The Company may by Extraordinary Resolu- tion remove any Director before the expiration of his period of office and appoint another qualified person in The person so appointed shall hold office Resolution. during such time only as the Director in whose place he is appointed would have held the same if he had not been
Power for General Meeting to increase or reduce number of Directors.
When can- didate for office of Director
must give notice.
his stead.
removed.
100. The Company in General Meeting may, from time to time, increase or reduce the number of Directors within the limits prescribed by Article 87 and may alter their qualification and may also determine in what rotation such increased or reduced number is to go out of office.
101. No person, not being a Director retiring at the meeting, shall, unless recommended by the Directors for re-election, be eligible for the office of a Director at any General Meeting, unless within the prescribed time before the day appointed for the meeting there shall have been given to the Secretary notice in writing by some member