Ordinary resolution format for re-appointing a director retiring by rotation at the AGM under Section 152(6), with DIR-8 and continuity of executive office.
To consider and, if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution:
“RESOLVED THAT pursuant to the provisions of Section 152 and other applicable provisions, if any, of the Companies Act, 2013 and the rules made thereunder, and the Articles of Association of the Company, Mr./Ms. [●] (DIN: [●]), who retires by rotation at this Annual General Meeting and, being eligible, has offered himself/herself for re-appointment, be and is hereby re-appointed as a Director of the Company, liable to retire by rotation.
RESOLVED FURTHER THAT [the re-appointment of Mr./Ms. [●] as a Director shall not constitute a break in his/her office as the [Managing Director / Whole-time Director] of the Company, which shall continue on the terms approved by the members on [●]].
RESOLVED FURTHER THAT any Director and/or the Company Secretary of the Company be and is hereby severally authorised to make the necessary entries in the Register of Directors and Key Managerial Personnel and to do all such acts, deeds and things as may be necessary for giving effect to this resolution.”
No rules under this Section yet.