automatic reappointment of directors not understood
This query is : Resolved
12 December 2010
"If NO RESOLUTION IS PASSED at the adjourned meeting relating to appointment of director and the adjourned meeting does not resolve not to fill the vacany, he shall be automatically reappointed. However, the automatic reappointment shall not apply in the following cases :
1.where a resolution was put & lost
does "resolution was put & lost"
means that "NO RESOLUTION IS PASSED".
1.where a resolution was put & lost
does "resolution was put & lost"
means that "NO RESOLUTION IS PASSED".
12 December 2010
suppose there are total 12 directors.
as per sec.255 not less than 2/3 should be rotational i.e 8
out of 8 1/3 shuould retire at agmi ie. 3 directors shuld retire.
what is the logic behind this provision. i mean to say that all these directors can again be reappointed.
as per sec.255 not less than 2/3 should be rotational i.e 8
out of 8 1/3 shuould retire at agmi ie. 3 directors shuld retire.
what is the logic behind this provision. i mean to say that all these directors can again be reappointed.
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 our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Transporter Declaration form
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
