Removal of Auditor and Director- Sec 140 and 169 of Companies Act 2013



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This article details the procedures for removing an auditor or director under Sections 140 and 169 of the Companies Act, 2013. It highlights the stricter requirements compared to the previous Act, such as the need for special resolutions and central government approval (delegated to Regional Directors). The piece also discusses the auditor's and director's right to be heard, the shift in special notice requirements, and the practical difficulties encountered with e-voting procedures in listed companies.

Removal of an Auditor and director under the Companies Act, 2013-Procedure and some unintended impediments on the way. Introduction The provisions relating to the above are contained respectively under Sections 140 and 169 of the companies Act, 2013 (hereinafter referred to as The Act). While Section 140 corresponds to Section 225 of the previous Act ,Section 169 replicates substantially the provisions of Section 284 of the 1956 Act.Although a common thread runs through the procedure to be
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