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.

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.

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


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