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    <title>2010 (10) TMI 916 - COMPANY LAW BOARD, MUMBAI BENCH</title>
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    <description>The Company Law Board held that the respondents&#039; notice dated 2-4-2010, seeking the removal of a director, was invalid and void as they did not meet the numerical requirements under section 188 of the Companies Act, 1956. The respondents were prohibited from issuing similar notices in the future without meeting statutory criteria. The petitioner&#039;s request for exemption from the notice and declaration of its invalidity were granted, rendering the notice for the removal of the director null and void.</description>
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      <description>The Company Law Board held that the respondents&#039; notice dated 2-4-2010, seeking the removal of a director, was invalid and void as they did not meet the numerical requirements under section 188 of the Companies Act, 1956. The respondents were prohibited from issuing similar notices in the future without meeting statutory criteria. The petitioner&#039;s request for exemption from the notice and declaration of its invalidity were granted, rendering the notice for the removal of the director null and void.</description>
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      <pubDate>Wed, 06 Oct 2010 00:00:00 +0530</pubDate>
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