Legal inequality: directors vs. employees
Navin Pandya
(Querist) 01 January 2014
This query is : Resolved
Dear Legal Experts,
Namaste.
According to provisions of Companies Act:
1. Under which section of the Act, a person is appointed Chairman Emeritus, even though not a director? The person who holds such position is convicted by court,he has appealed to higher court, not a director on Board, yet Board appointed him Chairman Emeritus.Is this valid?
2. A convicted director is eligible for reappointment after five years of completion of sentence, why not an employee who was dismissed for misconduct?
kindly clarify/advise on the above matter.
Best regards,
Navin Pandya
ajay sethi
(Expert) 02 January 2014
academic query . read Companies Act
T. Kalaiselvan, Advocate
(Expert) 02 January 2014
I think the author, without straining to go through the books, wants to extract the academic information through this platform, it is not advisable and more over the information given here may not suit everyone on all the circumstances, so it is better to read the concerned law books to know more precisely about the governing law.
