Section 284 of Companies Act 1956

Bijoy Deka (Querist) 28 December 2009 This query is : Open
Can any one explain me the meaning the following Sub section 284(7) (Removal of Director) of Companies Act 1956.

(7) Nothing in this section shall be taken -
(a) as depriving a person removed there under of any compensation or damages payable to him in respect of the termination of his appointment as director or of any appointment terminating with that as director; or
(b) as derogating from any power to remove a director which may exist apart from this section.

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