https://www.taxtmi.com/caselaws?id=98005 Retirement by rotation and deemed re-election under articles of association, treated as analogous to the Companies Act scheme, mean that directors vacate office when the annual general meeting is not held and vacancies are not filled. On the stated facts, no annual general meeting was held for the relevant period, so the directors who should have retired by rotation were regarded as having ceased to hold office by the end of the financial year 1958-59. As they were no longer directors, they were not liable for the alleged default in failing to file the annual return and balance-sheet, and the principle that an accused cannot rely on his own default was held inapplicable. en-us Wed, 27 Mar 1963 00:00:00 +0530 Wed, 18 Jan 2012 17:39:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98005 Retirement by rotation and deemed re-election under articles of association, treated as analogous to the Companies Act scheme, mean that directors vacate office when the annual general meeting is not held and vacancies are not filled. On the stated facts, no annual general meeting was held for the relevant period, so the directors who should have retired by rotation were regarded as having ceased to hold office by the end of the financial year 1958-59. As they were no longer directors, they were not liable for the alleged default in failing to file the annual return and balance-sheet, and the principle that an accused cannot rely on his own default was held inapplicable. Case-Laws Companies Law Wed, 27 Mar 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98005