Directors liable to retre by rotetion
This query is : Resolved
17 September 2010
What are the provisions in respect of Directors retiring by Rotation. we have 6 directors in our company.
sudhakar ca cwa
(Expert)
17 September 2010
how many directors are retire by rotation??
for directors liable retire by rotation
not less then 2/3 i.e. 4 directors
out of those 1/3 will reite by rotation every year i.e 4/3 i.e 1 director has to retire evrery year
first comfirm how many director in your comapny liable to retire by rotation.
for directors liable retire by rotation
not less then 2/3 i.e. 4 directors
out of those 1/3 will reite by rotation every year i.e 4/3 i.e 1 director has to retire evrery year
first comfirm how many director in your comapny liable to retire by rotation.
Message likes :
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Ankur Garg
(Expert)
17 September 2010
Kindly refer section 255 and 256 for rotational retirement provisions if your company is a public company.
Also check my answer in the link below and calculate yourself:
https://www.caclubindia.com/forum/details.asp?mod_id=81847
Thanks
Also check my answer in the link below and calculate yourself:
https://www.caclubindia.com/forum/details.asp?mod_id=81847
Thanks
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