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Retirement by roatation

399 views 1 replies

Dear Experts,

I have this tiny doubt for AGM

There are 5 Directors in company. A,B,C,D,E

A is a whole time Director, BCD are independent Director and E has retired by rotation last year at AGM, Now according to companies act 2013 who is elegible to retire by rotation as it is given is section 152 and other sections, whole time directors and Independent Directors are not required to retire by rotation. 

 

 

Replies (1)
Whole time Director can be made liable t retire by rotation.....no where barred in the act......


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