Are additional directors considered while counting the no. of those directors who areliable to retire, please clarify
4 Replies
nidhi
(student)
(58 Points)
Replied 29 May 2010
additional directors hold the office till the next AGM;therefore not included in the Total no. of diretors' for the purpoe of S.255 &256.
So additional directors are not RETIRING DIRECTORS
Ratti Wahal
(Company Secretary)
(139 Points)
Replied 29 May 2010
Dear Ms. Khushboo,
In my opinion, the additional directors would not be counted in the total number of directors who are liable to retire by rotation.
Regards,
Ratti Wahal
Kumar
(Article)
(922 Points)
Replied 30 May 2010
Additional directors are not to counted for total no of directors to retire by rotation.
Sec 260 clearly says that noting in SEC 255 shall affect............
Rasesh
(CS CWA MBA (Fin) B.Com LL.B (Spl))
(6501 Points)
Replied 30 May 2010
Agree with the above views.
Recent Topics
- Eport of goods
- STAMP DUTY ON TRANSFER
- Advice on Investment of Retirement Corpus
- Nature of business activities under GST registrati
- Tally Vouchers Entry for Commission based services
- Regarding transfer of stock
- CBIC ALLOWED ITC Available in Demo Car
- Final Course - Tricks to Pass
- Can we issue GST debit note in case mother invoice
- ITR-U for declaring foreign assets under schedule-
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert04 February 2025
CAclubindia
