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TMI BlogAppointment of Director-pvt coX X X X Extracts X X X X X X X X Extracts X X X X ..... As per section 160 of Companies Act, 2013 , a person who is not a retiring director in terms of sec 152 shall......be eligible for appointment.................if a notice in writing.... along w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith deposit of 1 lac 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thanks, CA. R.K. Aggarwal - 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... general meeting. Section 160 provides 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 addi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tional director wants to stands for directorship the provisions of Section 160(1) will apply. Regards, M. Govindarajan - Appointment of Director-pvt co - Query Started By: - sunil jain Date ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d:- 24-11-2014 Corporate Laws / SEBI / LLP - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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