Company law
This query is : Resolved
shivam tyagi
(Querist)
01 March 2014
can board of director apoint rotational director in case of casual vacancy please give valuable answers....thanks
Ganeshbabu K
(Expert)
04 March 2014
A director filling the casual vacancy holds office till the expiry of the term of the director in whose place he was appointed,i.e.,he does not retire at an AGM.
.
Therefore he is not retiring director with in the meaning of sec.256& 257(explanation to sec 256)
.
.
Therefore he is not retiring director with in the meaning of sec.256& 257(explanation to sec 256)
.
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