Retire by rotation

Additional Director are not included for calculating director retire by rotation. The expression director retire by rotation refers to only those those diretor who have been appointed in general meeting and retiring. Section 257 also implied for Additional Director not for retiring Director. Its a Department Clarification.

Dear Mr. Kumar,

Will you be kind enough to share department clarification which you have been referring to.

Many Thanks

Neha

Letter no. 8/3(270)/63-PR

Hello Everyone,

I think we should open this discussion again as per provision of  Companies Act 2013 .

Can anybody tell me the calculation for retire by rotation of director with considering Additional Director, Independent Director, Shareholder Director ???

There is not much change in this provision except the fact that Independent Director shall not be counted in total strength of Board for calculating 2/3 rotational director. I think rest is same.

Thanks

Yess I am completly agree with you Sir.

But My query is if total number of Director is 8 out of which one is MD (not liable to retire by rotation) and one is Joint MD and two directors are Independent Director and two are Additional Director who going to be ID in this AGM then how we calculate the number of Director retire in this AGM ??

Even I want to discuss this section. My situation is similar to Neha's. We have one MD (Non rotational), 5 Independent Directors, 3 Additional Directors and 1 Normal Director. In this situation will retiring this normal director a sufficient compliance as per CA 2013?