Fit and proper determination required after corporate removal hearings; tribunal must record respondent's suitability to serve as director. The amendment requires that, at the conclusion of the hearing under the removal provision, the Tribunal must expressly record whether the respondent is a fit and proper person to hold the office of director or any office connected with the conduct and management of a company.
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.
Fit and proper determination required after corporate removal hearings; tribunal must record respondent's suitability to serve as director.
The amendment requires that, at the conclusion of the hearing under the removal provision, the Tribunal must expressly record whether the respondent is a fit and proper person to hold the office of director or any office connected with the conduct and management of a company.
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