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        Companies Law

        Section 312 - Prohibition of assignment of office by director.

        Companies Act, 1956
        Chapter VI
        MANAGEMENT AND ADMINISTRATION

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        Prohibition of assignment of office: director assignments after commencement are void under company law. Section 312 establishes that any assignment of his office made after the commencement of this Act by any director of a company shall be void, operating as a statutory prohibition on transferring or assigning a director's office and rendering such assignments without legal effect.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Prohibition of assignment of office: director assignments after commencement are void under company law.

                              Section 312 establishes that any assignment of his office made after the commencement of this Act by any director of a company shall be void, operating as a statutory prohibition on transferring or assigning a director's office and rendering such assignments without legal effect.


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