Directors liable to retre by rotetion

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C.S. CHANDANI SARUPARIA (Querist)
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17 September 2010 What are the provisions in respect of Directors retiring by Rotation. we have 6 directors in our company.

sudhakar ca cwa

sudhakar ca cwa (Expert)
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17 September 2010 how many directors are retire by rotation??

for directors liable retire by rotation
not less then 2/3 i.e. 4 directors

out of those 1/3 will reite by rotation every year i.e 4/3 i.e 1 director has to retire evrery year

first comfirm how many director in your comapny liable to retire by rotation.

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Ankur Garg

Ankur Garg (Expert)
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17 September 2010 Kindly refer section 255 and 256 for rotational retirement provisions if your company is a public company.

Also check my answer in the link below and calculate yourself:

https://www.caclubindia.com/forum/details.asp?mod_id=81847

Thanks

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