Whether retiring directors cease to hold office on and from date of annual general meeting

Whether retiring directors cease to hold office on and from date of annual general meeting https://www.taxtmi.com/circulars?id=10644 Directors liable to retire by rotation cease to hold office when the statutory date for the annual general meeting has passed, even if the meeting is not held; continuing in office pending a belated meeting undermines the sanction for timely annual general meetings and such continuance is open to challenge as invalid under the corresponding Companies Act provisions. en-us Tue, 30 Sep 1958 00:00:00 +0530 Tue, 21 Jun 2011 14:01:00 +0530 TaxTMI RSS Generator Whether retiring directors cease to hold office on and from date of annual general meeting https://www.taxtmi.com/circulars?id=10644 Directors liable to retire by rotation cease to hold office when the statutory date for the annual general meeting has passed, even if the meeting is not held; continuing in office pending a belated meeting undermines the sanction for timely annual general meetings and such continuance is open to challenge as invalid under the corresponding Companies Act provisions. Circulars Companies Law Tue, 30 Sep 1958 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10644