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Rotational Directors vacation, reappointment

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Vinay sawant

nothing

176 Points Posted on 30 March 2021

If the AGM of company is not held on the last date it ought to have been held because of which all the rotational directors vacated their offices.
Subsequently the AGM was held after due date.
In this case whether the rotational directors who vacated their office earlier are eligible to be reappointed in such AGM held despite their vacation ?

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Quick Summary

This discussion clarifies the eligibility of rotational directors for reappointment at an AGM. Even if directors vacate their office due to the AGM being held after its due date, they can still be reappointed at the subsequent AGM. This ensures continuity and allows for their continued service.