Difference between section 255 & 256 of the companies act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2011
can anybody explain the difference between section 255 & 256 of the companies act. I am very confisuing with both of these sections and i could not get clarity.
23 August 2011
Sec 255 relates to proportion of directors liable to retire by rotation and 256 relates to out of above director who will retire. Read the provision very carefully.
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