directors retiring by rotation
This query is : Resolved
30 May 2009
There ae 9 directors in total as follows:
1. One MD
2. One JMD
3. 2 Whole time DIrector
4. 5 other directors
How many are liable to retire by rotation and how many will actually retire at AGM
Whether MD, JMD,Whole time Director taken in calculating 2/3
1. One MD
2. One JMD
3. 2 Whole time DIrector
4. 5 other directors
How many are liable to retire by rotation and how many will actually retire at AGM
Whether MD, JMD,Whole time Director taken in calculating 2/3
02 June 2009
total 2/3 are liable i.e. 6 (9*2/3)directors out of which 1/3 will actually retire i.e. 2(6*1/3).
In case of MD, WTD it depends on terms of appointment and articles whether they are liable to be reire by rotation.
In case of MD, WTD it depends on terms of appointment and articles whether they are liable to be reire by rotation.
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