Dear Expert
Please find below query and if possible please give the solution.
A private limited company, having two directors Mr.A and Mr.B and those two directors are the subscribers of the memorandum of association. The company does not have any shareholders. As on date the directors designations are Mr.A Managing director and Mr.B director. The company has increased its capital but it has not allotted any shares and there are no shareholders in the company. As they both got some disputes and now Mr.A, Managing Director wants to remove Mr.B Director of the company.
Can any one give the solution.
Regards,
P.RAja Rajeswari
CAclubindia
