Jayanta Bandyopadhyay 16 May 2024
T. Kalaiselvan, Advocate (Advocate) 16 May 2024
What are your grievances in this regard.
If you are aggrieved by this then you are at your liberty to initiate suitable legal action as per law in India if the company is based out of India
Jayanta Bandyopadhyay 16 May 2024
Sir
Actually, being a compliance officer, one is not comfortable about the development and seeking expert opinion. Parent company is based in Maharashtra.
Kindly guide .
T. Kalaiselvan, Advocate (Advocate) 16 May 2024
You may refer to the articles of association or memorandum of association.
A Memorandum of Association (MoA) represents the charter of the company. It is a legal document prepared during a company's formation and registration process. It defines the company's relationship with shareholders and specifies the objectives for which the company has been formed.
The Articles of Association (AOA) of the company contains its rules or bye-laws and regulations that control or govern the conduct of its business and manage its internal affairs.
Once you peruse the above documents of the company you will get an idea of what to do in furtherance