Circular Current 08 Jan 2026

Circular No. 1 of 2026 – Amendment to Circular 7 of 2025

Legal basis

Section 510

What it does

Amends Circular 7/2025 - in paragraph 3, "within fifteen days" is replaced with "within thirty days." Companies may now hold the director election in the AGM itself if the election falls due within 30 days after the AGM.

Related sections

§158 Section 158 — Retirement of first and subsequent directors §159 Section 159 — Procedure for election of directors §161 Section 161 — Term of office of directors

Source document

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