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Special Business or Ordinary Business


avater

Aswathy (CS)     08 October 2011

Aswathy
CS 
 15 likes  175 points

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Regularisation of additional directors is obviously a special business to be passed as ordinary resolution.

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amisha (cs)     08 August 2018

amisha
cs 
 24 points

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SIR IF IN CASE THE ADDITIONAL DIRECTOR IS REGULARIZED AS EXECUTIVE DIRECTOR IN PREVIOUS AGM THEN SUCH EXECUTIVE DIRECTOR IS ELIGIBLE FOR RETIRE BY ROTATION ????

PLEASE REVERT AS POSSIBLE

Law Aspire (CS)     10 August 2018

Law Aspire
CS 
 17 likes  755 points

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Originally posted by : Ankur Garg



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Regularization of additional director in an AGM is a special business for which explanatory statement under section 173 is required. This resolution is required to be passed by ordinary resolution.

 

Thanks  

Dear Sir

 

In case of central govt /state gvt companies, the directors appointed by way of Government order.
In that case also we need to regularize in AGM /EGM meeting?


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