Are additional directors considered while counting the no. of those directors who areliable to retire, please clarify
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Retirement by rotation
Replies (4)
additional directors hold the office till the next AGM;therefore not included in the Total no. of diretors' for the purpoe of S.255 &256.
So additional directors are not RETIRING DIRECTORS
Dear Ms. Khushboo,
In my opinion, the additional directors would not be counted in the total number of directors who are liable to retire by rotation.
Regards,
Ratti Wahal
Additional directors are not to counted for total no of directors to retire by rotation.
Sec 260 clearly says that noting in SEC 255 shall affect............
Agree with the above views.
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