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Mr. Mukesh, a director of LMN Ltd. assigned his office to his son when he went on a vacation abroad for 1 week. Is the act of the director valid? What repercussions will he face?

March 27, 2020

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Which notice shall be given to convene meeting to transact business of removal of Director u/s 169:

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‘A. Ltd incorporated in 2011, held Board meetings between 1st January 2016 to 31st December 2017 on the following dates: 28th February 2016, 20th June 2016, 10th October 2016, 1st February, 2017, 31st March, 2017, 25th July, 2017, 20th November, 2017. Is there a violation of Sec 173 and if so for which year.

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