banner_ad

Section 283 vacation of office of director?

This query is : Resolved 

02 June 2013 If a director of reliance fails to pay the call of vodafone company then he can vacate the office or not?

02 June 2013 Hello,

Answer is NO

02 June 2013 sorry prashanth sir,
but i got my answer,as per companies act 1956 section 274 disqualification for appointment as a director and section 283 vacation of office both are says same thing about this clause as per Companies act 1956 section 274 says :-
if he fails to pay any call in respect of shares of the company held by him, whether alone or jointly with others, within
six months from the last date fixed for the payment of the call & same Language use in section 283. so that means if he did not pay call on shares of any company then he can vacate the office.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details