Reinstatement of director

Hi I was removed a Director of a P Ltd family owned company in April 2013 without me being given a chance to explain myself or proper intimations. There was  an agreement that I would be paid an X amount by end of last year and I would inturn gift my shares and xit the company. The settlement has not been done and I have been humiliated and sent off the company, Now I want to know my options.

1. Can I ask for my reappointment as Director

2. Can I ask for the company to be valued as of this date and I get my share.

Kindly advise and guide me

 

Sanjay

 

Replies (1)

Hi Sanjay,

As far as i can get you, your removal from directorship has been done as a part of an agreement which was later violated by the other parties. If thats the case you have three options 1) send them a legal notice for such violation of agreement or 2) exit the company by transfering your shares to the members for due consideration. or 3) get yourself reappointed as a director.

Thanks & Regards

Amit Mishra

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