Additional Director- Retire by rotation
This query is : Resolved
25 September 2010
In case if all the directors in co are additional, then in that case Is any one of them is liable to retire in this AGM coz all the three are appointed in this AGM.
Ankur Garg
(Expert)
25 September 2010
As per my understanding there is no need to follow rotational retirement provisions this year.
However on a safer side. You may put a resolution for one resolution for rotational retirement after the regularisation resolution.
First regularise an additional director and then retire his under rotational retirement and re-appoint immediaterly.
Rgds
However on a safer side. You may put a resolution for one resolution for rotational retirement after the regularisation resolution.
First regularise an additional director and then retire his under rotational retirement and re-appoint immediaterly.
Rgds
Ajay Mishra
(Expert)
25 September 2010
As per your query, if all directors are additional director, all three directors will retire and the coming AGM until such directors are not regularize in general meeting.
Regards
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
