Retirement of directors
This query is : Resolved
karthikeya
(Querist)
08 November 2012
I have 3 directors in a ltd company. In the last annual report we have given 2/3 of the directors namely B and C eligible for reappointment. Now my question is
Can i take B as director for re-appointment which i was taken for the last and is he eligible for signing the annual report.
Please explain me in detail abt the retirement and give me suggestion for this case..
Can i take B as director for re-appointment which i was taken for the last and is he eligible for signing the annual report.
Please explain me in detail abt the retirement and give me suggestion for this case..
Ajay Mishra
(Expert)
08 November 2012
Hi
Yes, If, your company have three directors then all three will be liable to retire by rotation and out of them one director will retire every year.
So you are free to count B as rotational director.
Yes, If, your company have three directors then all three will be liable to retire by rotation and out of them one director will retire every year.
So you are free to count B as rotational director.
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