Question

XYZ Ltd. has total 9 directors. Directors liable to retire by rotation should be _____.

• A. 5
• B. 6
• C. 7
• D. 8

Answer 1

Answer: (B)

6

At least two-thirds of the Directors of a public company or of a private company subsidiary of a public company have to retire by rotation and the term "rotational Director" refers to such Directors who have to retire and one-third of these two-thirds of directors may be eligible for re-appointment at the end of his or her tenure. Therefore, XYZ Ltd. had 9 directors and hence directors liable to retire by rotation should be 2/3 of 9 i.e. 6.