Retirement by rotation

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Sonakshi Bhargava (Querist)
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12 August 2013 If in a Company all the Directors are Whole Time Directors then what about Retirement by rotation and there is also a clause in AOA that WTD shall not be liable to retire by rotation?

Please reply immediately,,,,,,urgent

Ajay Mishra

Ajay Mishra (Expert)
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12 August 2013 Hi

Then you are not comply the provision of section 255 and 256. It will be treated as non compliance.

Sonakshi Bhargava

Sonakshi Bhargava (Querist)
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12 August 2013 What is the remedy to avoid this non compliance?

Ajay Mishra

Ajay Mishra (Expert)
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12 August 2013 Hi

You change the position of director or appoint some other directors in the Board to comply the provisions of such sections.

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