Home Circulars 1963 Companies Law Companies Law - 1963 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Provisions of section 257 will have to be complied with when additional director is elected as director at next annual general meeting - Companies Law - Letter : No. 8/3(270)/63‑PR,Extract Letter : No. 8/3(270)/63 ‑ PR, dated 27 ‑ 7 ‑ 1963. Subject:- P rovisions of section 257 will have to be complied with when additional director is elected as director at next annual general meeting In the case of an additional director appointed by the board of directors under section 260, the provisions of section 257 thereof will have to be complied with on his election as a director at the next annual general meeting, since he cannot be considered to be a director retiring by rotation at that meeting.
|