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Am I reading this correctly?

The FAQ states a CCS counts as a single VP and the rules for warlord ask you to nominate a single character model with the highest Ld from the HQ section. Slay the warlord grants a sinlge VP at the end (in most cases) if you have killed the enemy warlord. With that said; If you slay the warlord that is apart of the CCS but fail to wipe out the CCS before the end of the game you only get one VP for slay the warlord and none for the CCS the warlord was apart of correct?

Correct.

Just because I play Guard a lot, kill the entire CCS .

I thought so. further more, because the Company commander is not an IC the squad must always (unless there is an IC attached) roll double 1's for regrouping when they are below 50% and the commander LoS tests on a 4+?

I suppose the counters to those are commisars, get back in the fight and, for the LoS test, bodyguards.

Ok to be serious I believe the Commander is actually classified as a character so I believe that means his squad is a retinue that he can't leave.

 BunkerBob wrote:
Ok to be serious I believe the Commander is actually classified as a character so I believe that means his squad is a retinue that he can't leave.

The commander is a character, not an IC. 6th ed has no rules for retinues, and as far as I know, only BT and tau have then listed in. their codex.