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Whole-Time Director

This query is : Resolved 

29 June 2009

30 June 2009 Please post your query...

01 July 2009 yeah it was deleted by mistake..

can a whole time director retire on rotational basis if the terms of appointment are silent on the matter.? Section 269 states that a whole time director cannot retire by rotation.


01 July 2009 Hi Amruta,

Yes, a whole time director can retire on rotational basis if and only if the terms of appointment are silent on the matter.

But i disagree that Section 269 states that a whole time director cannot retire by rotation.

Regards

03 July 2009 Explanation to 269 in Ramaiya talks about it.

03 July 2009 thanx for ur help!
Amruta



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