Managing Director Liable to Retire by rotation

Yes. Thank You

CS Pooja

As clarified by Zafar Section 255 applies to MD/WTD also.

MD/WTD are also liable to retire by rotation but once they are reelected in the AGM they continue to be MD/WTD  of the company, unless the articles provide otherwise.

Dear Pooja,

Until and unless the AOA exempts the director from retirement by rotation of a private company, each and every director including MD/WTD will be liable to retire by rotation.

Query

Sir/Madam
in our pvt ltd company we have managing director from about ten years,should he be reappointed immediately or after a term of five years....???

thanks in advance 

Awaiting reply....