Hello, this is urgent! Preppring for May 18 CA Final
If a company has appointed 12 directors out of which 8 are rotational (2/3rd) - it wants to appoint 3 More additional directors u/s 161(1) - Does compliance of Sec 152(6) have to be checked?
Are Additional directors counted towards Total number of Directors u/s 161(1)??
So will the Co. need to have 15*2/3 = 10 Rotational Directors? Or can the 3 Additonal be appointed without giving any reference to Sec 152(6)?