Respected Members,
I wanted to inquire if a legal heir can claim his/her right to being a director of a company (in this case, pvt. ltd.) in which his/her father worked as a full time director, until he passed away.
Regards,
Sourav
Sourav Hajra (Business) (5 Points)
05 December 2016Respected Members,
I wanted to inquire if a legal heir can claim his/her right to being a director of a company (in this case, pvt. ltd.) in which his/her father worked as a full time director, until he passed away.
Regards,
Sourav
P C Agrawal
(Registered independent director Past Ch)
(8229 Points)
Replied 06 December 2016
No please. Director has to be appointed by the Board/shareholders as per provisions of the Act. Financing institution/JV partner etc. can also be given right to nominate director as per provisions of the relevant Act/Articles.
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)