Compliance with section 257 required for additional directors elected at the next AGM; they are not retiring by rotation. An additional director appointed by the board under section 260 must comply with the procedural requirements of section 257 when elected at the next ... Summary
Compliance with section 257 required for additional directors elected at the next AGM; they are not retiring by rotation.
An additional director appointed by the board under section 260 must comply with the procedural requirements of section 257 when elected at the next annual general meeting, because such a director is not to be regarded as retiring by rotation at that meeting.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.