Query
Nitish Agrawal (CA) (810 Points)
01 April 2015
Maithili
(1)
(476 Points)
Replied 01 April 2015
Non - rotational Director (NRD)
(Sec. 152 - Any Director appointed other than in A.G.M. is a Non rotational Director)
A Director appointe Casual Vacancy is appointed by Board of Directors(i.e. in Board Meeting and not in A.G.M)
So he is a Non Rotational Director
Nitish Agrawal
(CA)
(810 Points)
Replied 01 April 2015
Maithili
(1)
(476 Points)
Replied 01 April 2015
Yes it is wrong as per my knowledge
I hope u are talkin about Q.5 of Dec,2014 edition of Practice manual
where Mr.Casual is appointed in place of Mr.Soul .. .
Actually the 6 Rotational Directors must be (Mr.First , Mr.Second, Mr.Third ,Mr. Fourth ,Mr.Fifth & Mr.Excellent)
Mr.Excellent - Bcoz a Managing Director can be a Rotational or Non-Rotational director
whereas Mr. Casual will Hold office till unexpired term of Mr.Soul (as given in Point (ii) of the Anwer.
Nitish Agrawal
(CA)
(810 Points)
Replied 01 April 2015
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)