Legal Question in Business Law in India
Please let me know if a director can continue in the board in an Indian company after his arrest and being in jail for 20 days.
Whats the provision as per Companies Act, 2013?
Asked on 6/09/16, 9:50 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
10.06.2016
Dear Sir / Madam,
The jail sentence may have been ordered after the concerned Director may have been convicted of an offence by the Court, in which event the Director stands disqualified from the Directorship of the Company.
Regards,
Answered on 6/09/16, 10:08 pm
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