A managing director of the company died bequeathing his shares to his second wife.company's director have turned hostile to the second family.the son from first wife has been serving in the company as an employee,so directors want all the shares in his name...problem is:
1)Can a will be said null n void because it is in favour of second wife?
2) How to calculate true valuation of the company?
3)During MDs illness,the other two directors appointed 3 employees of the company(who were their sons respectively),without any intimation to MD.Is that a proper procedure?do they have that rights and power?
4)if not, what action can be taken against them?
Addtnl Info.:the comany was Pvt Ltd,with three partners(they are the shareholder as well as the directors).The MD was hindu by religion.
