Director removal of pvt ltd co
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2011
We r three directors in our pvt ltd firm. I would like to if my AOA says that all three directors are directors for life and their directorship ceases only if they resign, can anyone remove me under any section of company law or can the majority of directors remove any one director of the company.
12 January 2011
Hi...
In my opinion, AOA of a Company cant supercede the Act. Therefore, Permanent Directors can be removed in accordance with the provisions of section 284 of the Companies Act, 1956.
Views of eminent experts are solicited....
God Bless
CS Udit Sharma
In my opinion, AOA of a Company cant supercede the Act. Therefore, Permanent Directors can be removed in accordance with the provisions of section 284 of the Companies Act, 1956.
Views of eminent experts are solicited....
God Bless
CS Udit Sharma
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