https://www.taxtmi.com/acts?id=12583 Section 255 links board composition to retirement by rotation: a stipulated proportion of directors in public companies and private subsidiaries must be subject to retirement by rotation and, except as the Act provides, are appointed by the company in general meeting; remaining directors, and all directors of private non-subsidiary companies, are appointed by the company in general meeting unless the articles provide otherwise. en-us Thu, 12 May 2011 16:40:58 +0530 Thu, 12 May 2011 16:40:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12583 Section 255 links board composition to retirement by rotation: a stipulated proportion of directors in public companies and private subsidiaries must be subject to retirement by rotation and, except as the Act provides, are appointed by the company in general meeting; remaining directors, and all directors of private non-subsidiary companies, are appointed by the company in general meeting unless the articles provide otherwise. Act-Rules Companies Law Thu, 12 May 2011 16:40:58 +0530 https://www.taxtmi.com/acts?id=12583