Hello sir,
Don’t directors get appointed for 3 year terms, and can serve no more than 3 terms ( 9y),
so why should directors be submitted annually for re-election at AGM’s?
Ask the Tutor ACCA SBL
Corporate governance
6y ago#1The UK CGC says directors must face reappointment every year (para 18). Not sure where you get your three years from.
The CGC might require more frequent reappointment than permitted by the law or the company's articles.
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