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Hi Mike
Could you possibly outline the limits for minimum and maximum age for a director.
I understand the minimum age is 16 but I am confused as to if there or isn’t a maximum age. I seem to remember questions inplying reinstatement of an ‘old’ director was extraordinary. Or is this just a wrong answer I incorrectly remember?
Many many thanks in advance as always!
there’s now no such thing as an extraordinary matter in company law. What used to require an extraordinary resolution now instead requires a special resolution
The concept of an Extraordinary General Meeting has now disappeared and, instead, there are general meetings (other than Annual General Meetings) that are simply referred to as “General Meeting”
Reappointment of “old” directors used to be by ordinary resolution with special notice
According to the Business Directory website, the maximum age for a director of a public company in the UK is 70
However, I am aware of UK public companies with directors that are over 70 years old
So then I trawled through the Companies Act 2006 looking for references to the reappointment of overage directors and the requirements for how that reappointment should be effected
I can find nothing so far within CA 2006 to tell me about ordinary resolutions with special notice being applicable to the reappointment of overage directors for a plc
So far as I am aware, directors that attain the age of 70, or proposed new directors that are already over 70, must be appointed by ordinary resolution with special notice
OK?
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