Appointment of directors and proportion of those who are to retire by rotation.

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....roportion of those who are to retire by rotation. 255. (1) [1][Unless the articles provide for the retirement of all directors at every annual general meeting, not less than two-thirds] of the total....

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....he directors generally in the case of a private company which is not a subsidiary of a public company, shall, in default of and subject to any regulations in the articles of the company, also be appoi....