Removal of permanent director
This query is : Resolved
06 July 2012
I WANT TO KNOW THAT IF IT IS SPECIFIED IN CLAUSE OF AOA THAT "ALL THE DIRECTORS OF PRIVATE COMPANY ARE PERMANENT & CANNOT BE REMOVED".
THEN CAN WE REMOVE THE DIRECTOR OR NOT.
IF YES WATS THE PROCEDURE.
PLS TEL
THEN CAN WE REMOVE THE DIRECTOR OR NOT.
IF YES WATS THE PROCEDURE.
PLS TEL
06 July 2012
Dear Sir, the appointment or resignation in a private company is governed by its Articles of Association of the company. But articles should be in accordance with the Companies Act, 1956. Now in this case if majority of shareholders want to change in the Articles of Association of the company then it can be changed u/s. 31 of the company and a provision should be included and directors are removed according to the provisions of companies act, 1956.Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Rental income of jointly held property
- ITR-3 File/Error Found
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
