Are additional directors considered while counting the no. of those directors who areliable to retire, please clarify
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.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
N S Gokhale & Co
Thane
CA Inter
Vakilsearch.com
Chennai
G A R U D & Associates
New Delhi
VNSS & Co
Mumbai
Others
Kinjal H Shah & Co.
CA Foundation
Gianender & Associates
VIKAS VERMA & CO
Arvindkumar Maniar & Co.
Rajkot
CA
Modal body text goes here.
India's largest network for finance professionals
Alternatively, you can log in using: