Rotation

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Querist : Anonymous

Querist : Anonymous (Querist)

04 October 2017 What it means rotation??
(Please don't explain through act provisions explain me in simple english)

Amol S Joglekar

Amol S Joglekar (Expert)
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04 October 2017 As per Physics, circular movement is regarded as ROTATION......e.g. earth rotates around itself, and revolves around Sun.
The similar meaning is imported into commerce when we talk about rotation of AUDITOR.
Now tell me what is your difficulty?

Querist : Anonymous

Querist : Anonymous (Querist)

04 October 2017 sir there is a provision that directors can retire by rotation does it mean that we can replace him or anything else

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Amol S Joglekar

Amol S Joglekar (Expert)
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04 October 2017 yes,
However, please note, the directors retiring by rotation are eligible for reappointment.