Appointment of Director-pvt co

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ppointment of Director-pvt co<br> Query (Issue) Started By: - sunil jain Dated:- 24-11-2014 Last Reply Date:- 24-12-2014 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>As per section 1....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....60 of Companies Act, 2013, &quot;a person who is not a retiring director in terms of sec 152 shall......be eligible for appointment.................if a notice in writing.... along with deposit of 1 l....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ac&quot; The query is whether this clause of 1 lac would apply for appointment of director in AGM who was earlier appointed as additional director appointed u/s 161 in a pvt. co. Thanks, CA. R.K. A....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ggarwal Reply By MARIAPPAN GOVINDARAJAN: The Reply: Dear Sir, According to Section 161(1) the additional director shall hold office up to the date of the next annual general meeting. Section 160 pr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ovides for the right of persons other than retiring directors to stand for directorship. The additional director is not a retiring director. In my opinion if the additional director wants to stands fo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r directorship the provisions of Section 160(1) will apply. Regards, M. Govindarajan<br> Discussion Forum - Knowledge Sharing ....