Query relating to rotational director
kanika Seth (Student) (269 Points)
15 March 2016
whether rotational directors can continue in case the directors do not call the annual general meeting
kanika Seth (Student) (269 Points)
15 March 2016
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 15 March 2016
The Delhi High Court in B.R. Kundra V. Motion Picture Association held that directors cannot prolong their tenure by not holding a meeting in time . The directors due to retire by rotation must vacate office at the latest on the last day on which an annual general meeting ought to have been held. Retiring directors are,however, eligible for re-election.
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