hi to all!
i want to know that is it possible, that the same director is retiring by rotation in every AGM us 255, 256
suchita kothari (service) (113 Points)
11 February 2009hi to all!
i want to know that is it possible, that the same director is retiring by rotation in every AGM us 255, 256
Hi, suchita
as per section 255, 256 the rotation is applicable on every public company.
in the agm 2/3 of total number of director retireby rotation.
as per section 256 in the first agm 1/3 of total number of director must by retire by rotation.
as per quis if you wish to retire the same director in every agm ,
YOU CAN.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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