https://www.taxtmi.com/forum/issue?id=3800 First directors named in the Articles act as the company's initial directors; otherwise individual subscribers are deemed directors until regular directors are appointed. First directors are not appointed by members and hold office only until regular directors are chosen. The rotational status required by statute must be specified when regular directors are appointed in a general meeting, at which point the company must classify directors as liable to retirement by rotation to comply with the retirement-by-rotation framework. en-us Thu, 09 Feb 2012 10:58:35 +0530 Thu, 23 Jan 2025 15:58:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3800 First directors named in the Articles act as the company's initial directors; otherwise individual subscribers are deemed directors until regular directors are appointed. First directors are not appointed by members and hold office only until regular directors are chosen. The rotational status required by statute must be specified when regular directors are appointed in a general meeting, at which point the company must classify directors as liable to retirement by rotation to comply with the retirement-by-rotation framework. Discussion-Forum Companies Law Thu, 09 Feb 2012 10:58:35 +0530 https://www.taxtmi.com/forum/issue?id=3800