r 17TTAR PRADESH GLAZETXf3, -i" JNB :!5,1955 •'••?r* n-i tlto joiuiu::.lici) rnu is vili^ u- L,.'L.Lfi 'r'T "• • -"-i-1, ^uti 'Ji-t ho is no-*, .-r?Cnjr':fi:fl for election imc!ri sretocLi ii. oi tho (li) A JIOTO:. -t.jo-a PI-nil "jc^ >e valid urlw- i.L- if, received in the Hond OLJir-r. ,-,f ihe Corporation not, lri*-r tfrn 14 cl-r cli.ys li. fr<r<* tie date fiwd t"-r the ejection. St. Publication of list of ccnfliflr.tcB Icr jL'hcdculilF-Cn Ho •pi. working day Mowing tl-e 3pet elf te fixed In- Vhe receipt of ncmina- oc'rejection, shnll biicfJy rccoid his iea.*enfi ft-r po doing- The decision of the Managing Director that p. ucnoJnatzcn in v-lfd or ii vnlkl shall, *r>]'cct to the result of inference under regnlptirn '-^i t"> finr.l. If there 7= only one- vah'cl nominetion for any particulrr vacancy to "be filled by election, the1 candidate vniic!ly nominal eel frr prch vncnroy shall bo dftmedto he elected at the meeting convrcrd for the purpose, and hi.s uamo nr.d address shr 11 he publiphtd as so clpctcd. Df the r.rmber of vah'd nominations exceeds one, I jc Managing, Director rluvll CP»T:PO to Le published in the official Gazette ?nd in ono newspaper circulating in the .State of Utiar Pradesh, th^ nazres and nddrcpRnfl of candidates vnlliUy nominated. 35. Nomination of candidates for Auditorship—(i) Tho shareholders of the Corporation, other thrn the- State Gctvcinmmt nnd tho Bo'ervo Bark shall, n,t ench Aminel Gcncrnl Mcctur , c'tct. rn Avdrier who ^hall hold clnce for one year, T'rovi^ed that mch (.'Icciccl Auditor •;liall be requi.'cd to continue in office until tho "loofcioii uf his .successor at the no?:b Ainnvl (vrnernl Mectiu^:. (ii) ITo cfindidato for election a? an Auditcr CL ?." ( C'ovpcration tihall lie validly nomin: t-~d unlc.1??— (a] he is dvJy qunlificd to cct ns p.nditnr fu ctuppnicR under sub-scc^on (1) of section T-14 of the Ir.o.'fn CimppnicF1. Act, 1913 ; (6) he is nominated by two eh.ml'oldcis rc-ir.g purlieu referred to in clauses (c) r.nd (d) r,f scb-sction (") oft ceMon 4 v,ho arc quali- fied to vote nt the mec-lmg at irhich ~kp ctc-c,1;cii in !o 1 c hold ; (c) the nomination ]R in writing sigrcd by the- proposer ; or by their duly constituted nttoirc^r, prrviocd that where P, propose]- is a, body c iporatr, n, ncniinrJ'icn mny be mpde by a rcLQolution ( f theDhectors of the sharc-holclaig irrljt^ticnand where it is en made, a copy of the resnlntimi certified io 1-c n. true copy by tho Chairman cf the meeting rt which it ^ PM purecil. fiLall Lc f?cnt to the Hend Office? of the Corporatlrn srrl pnch copy rholi bo deemed to bo a nominntion. on br^.filf of «uch institution ; (rZ) the nomination paper contains a declaration signed by the candidate before a Judge, Magistrate, Registrar, or Sub- "Rep,istrar of Assurances oi1 other Government Gazetted Officer, that he accepts the nomination and is will'mg to accept the Audi- torship of the* Corporation, if elected on auch remunej-ation as the State Government may fix, and that he is duly qualified to act as an Auditor of Companies under sub-section (I) of section 14-1 OL the Indian Companies Act. (in) A nomination shall not b? valid unless it Is received in the Head Office of the Corporation not later than fourteen clear days before the date fixed for election. 30. Publication of list of candidates for Andltorsblp—On the work- ing day following the last day fixed for the receipt of nomination papers, the Managing Director shall take the same into consideration. He shall, after such enquiry, if any, as he tainks necessary, accept or reject the nomination of each candidate. The decision of the Managing Direc- tor that the nomination is valid or invalid RWl, subject to the result of any reference under regulation 37 b*5 final. If tVre is only one vah'd nomination, the candidate validly nominate/I shall be deemed to be elected at- the meeting convened for tlm purpose and his name and address shall he published as so elected. If the number of valid nomina- tions excp0ds «MW, the Managing Director eh all caiw* tho names and addreaew of eaiwUdatw v&lldty uomitintea to be publi$hod in the orated*! wrasse ^4 to one newspaper dwajating in Uttar ~ "