Retire by rotation

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meenakshi (Querist)
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22 June 2016 Our company's 3 directors will be retire by rotation and we will reappoint them but one of directors do not want to continue the position of director in future then what is the provision of cessation of that director according to Companies Act, 2013 ??

Please suggest

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Rupesh Jain

Rupesh Jain (Expert)
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22 June 2016 on rotation, its not necessary that every director to be reappoint, you can appoint new director also on place of retiring director.

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meenakshi

meenakshi (Querist)
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22 June 2016 If no other director will recommended then what will be the procedure in case of retiring director ??

Rupesh Jain

Rupesh Jain (Expert)
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22 June 2016 director will recomand in the board of director meeting, they can appoint and make regular in the AGM.

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