a private company also have to appoint its rotation director in AGM by ordinary business. ?
ACS Gaurav Jain (company secretary) (551 Points)
20 December 2012a private company also have to appoint its rotation director in AGM by ordinary business. ?
Gulhasan
(ARTICLE)
(27 Points)
Replied 20 December 2012
As per section 255(1), it is applcable on public company.
In case of private company, appointment of director depends upon it's articles.
Regards
Gulhasan
Gulhasan
(ARTICLE)
(27 Points)
Replied 20 December 2012
As per section 255(1), it is not applcable on private company.
Generally, Private company directors considered as Non rotational Director.
In case of private company, appointment of director (i.e Rotatonal or Non-Rotatonal) depends upon it's articles.
Regards
Gulhasan
ACS Deepika Chowdhary
(Company Secretary)
(280 Points)
Replied 20 December 2012
Dear Gaurav
II think your query is that if a dircetor of pvt. ltd. was appointed as Additional Director and as you are regularising him so do you need to hold a general meeting. If it was your query then yes for regularising i.e. appointing him as the director who is liable to retire by rotation, it would be done in AGM. Feel free toa sk for clarification.
Regards
Deepika