Sundararajan
21 August 2008 at 15:02
Dear Sir,
Kindly give your opinion to the following case.
M/s KKR Pvt Ltd. was formed by Mr.A and Mr.B and Mrs.D with the share capital of Rs 10, 00,000/-.Mr A and Mrs D subscribed 94% of Share capital together and Mr. B contributed for 6%. BOD has appointed Mr.B as Managing Director. After 3 or 4 months, there was a difference of opinion between Mr.A and Mr. B regarding expansion of Business and its development. Mr.B didn't attend the three to four meetings consecutively convened by Board for business purpose. In Third meeting, Board has admitted Mr.H as new director and all the provisions were duly complied for that. In fourth meeting Board has declared that Mr.B has been removed from the position of MD and Director and also appointed Mr.A as MD.
But Mr.B is refusing his removal from office of Director and decline to hand over the Corporate and Property documents in the name of Company. IN such a situation Company institute a case against Mr. B regarding to handover all the documents of the Company.
Kindly give your opinion,
1. Whether removal of Mr. B is legal?
2. What is the remedy for the company to recover the documents from Mr.B
advocate satya
21 August 2008 at 14:11
sir
a labour matter had been filed before the labour commisioner, the concilation fails , the labour commissioner holding the file and not forwarding to court stating it will be filed in one and half year, what is the procedure? what is the remedy for it and what the commisioner is stating is it correct and under which section?
Amit
21 August 2008 at 11:49
I have a pharma manufacturing company recently I got few foreign clients who wants to work on loan license in india with me.what is the procedure to get loan license work with them
Rajaram C Iyer
21 August 2008 at 11:30
Please give me a sample of Execution Petition ASAP
shamit sanyal
21 August 2008 at 03:04
What are the procudere of adopting a child by the members other than the hindu community
KKS.KRISHNARAJ
21 August 2008 at 01:26
CAN SRILANKEN STATE GOVT. PERMITED REFUGEES MOVE ANY WHERE IN INDIA FOR TOUR PURPOSS.
ankit gupta
20 August 2008 at 22:37
can anybody tell me what is the best way the employees can be bounded by the work,
in other words what conditons should be consented to in the agreement so that minimum liability of the owner arises.
ankit gupta
20 August 2008 at 22:35
can anybody tell me what exactly is the subject matter of intellectual property rights.
ankit gupta
20 August 2008 at 22:33
if three brothers live under a same roof and the father dies intestate,the property in question is rs 50000/-,
what will the share all of them will get.
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Father Property
My Father expired in 2002, We are 3 brothers. We have property in 2 places.
I Jharkhand, Its a house which was made by my father's income and as per the will It belongs to all the 3 brother and my mother.
Can u mother alone sell the property ?
In Bengal we have ancestrial property ( house & land) and there is no will, can my mother alone give/sell the property ?