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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Additional Director's Term Ends Before Next AGM Starts u/s 260, Not Upon Conclusion.</h1> Under section 260, an additional director appointed by a company's board ceases to hold office immediately before the commencement of the next annual general meeting. The term 'up to' in this context is interpreted as 'until,' meaning the director's term ends just before the meeting starts. This interpretation aligns with the case law precedent where additional directors' terms end at the meeting's start. If the intention was for them to hold office until the meeting's conclusion, different wording would have been used. This contrasts with section 224(1), which addresses auditor appointments.
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