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Question
Managerial Personnel
XYZ Ltd. has total 7 rotational directors. Out of directors liable to retire by rotation, director that will retire at the AGM but eligible for reappointment will be _____.
Managerial Personnel
XYZ Ltd. has total 7 rotational directors. Out of directors liable to retire by rotation, director that will retire at the AGM but eligible for reappointment will be _____.
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Solution
The correct option is A 2
Out of directors liable to retire by rotation, director that will retire at the AGM but eligible for reappointment = 7 x 1/3 = 2.33 rounded to nearest i.e. 2
Out of directors liable to retire by rotation, director that will retire at the AGM but eligible for reappointment = 7 x 1/3 = 2.33 rounded to nearest i.e. 2
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