TMI BlogRemoval of directorsX X X X Extracts X X X X X X X X Extracts X X X X ..... rd: 1 [Provided that an independent director re-appointed for second term under sub-section (10) of section 149 shall be removed by the company only by passing a special resolution and after giving him a reasonable opportunity of being heard:] 2 [Provided further that] nothing contained in this sub-section shall apply where the company has availed itself of the option giv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... epresentation in writing to the company and requests its notification to members of the company, the company shall, if the time permits it to do so,- (a) in any notice of the resolution given to members of the company, state the fact of the representation having been made; and (b) send a copy of the representation to every member of the company to whom notice of the meeting ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... art by the director notwithstanding that he is not a party to it. (5) A vacancy created by the removal of a director under this section may, if he had been appointed by the company in general meeting or by the Board, be filled by the appointment of another director in his place at the meeting at which he is removed, provided special notice of the intended appointment has been given under su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (b) as derogating from any power to remove a director under other provisions of this Act. ******************** Notes:- 1. Inserted vide F. No. 7/8/2016-CL.I - Dated 21-02-2018 2. Substituted vide F. No. 7/8/2016-CL.I - Dated 21-02-2018, before it was read as, Provided that - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regula ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
