Questions and Answers
A private limited company that is not a subsidiary of a public company can appoint its directors as?
Only non-rotational directors if the articles permit
What is the minimum percentage of directors in a public company that shall be liable to retirement by rotation?
Two-thirds
Which of the following directors is not liable to retire by rotation?
All of the above
How many directors shall retire from office in a company where the number of directors liable to retire by rotation is not a multiple of three?
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Who can appoint a nominee director on the Board of a company?
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What proportion of directors in a public company must be liable to determination by retirement of directors by rotation?
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How are the remaining directors in a public company appointed?
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At which meeting do the first directors retire from office?
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How many directors retire from office at every subsequent annual general meeting?
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To which type of companies does the provision regarding ‘retirement by rotation’ apply?
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