https://www.taxtmi.com/caselaws?id=259648 A special employment agreement permitting termination on notice and cure of defaults governed the Managing Director's exit, and the contractual notice was upheld because it followed that agreed procedure and was supported by board concerns over performance, targets, and financial transparency. General promoter protections could not override the voluntarily executed special agreement, so no illegality in the termination was shown. On the affidavit issue, an incorrect date by itself was treated as carelessness rather than perjury; absent a deliberate false statement on a material fact with intent to give false evidence, the ingredients of perjury were not satisfied and proceedings were not initiated. en-us Mon, 09 Feb 2015 00:00:00 +0530 Sat, 16 May 2015 06:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259648 A special employment agreement permitting termination on notice and cure of defaults governed the Managing Director's exit, and the contractual notice was upheld because it followed that agreed procedure and was supported by board concerns over performance, targets, and financial transparency. General promoter protections could not override the voluntarily executed special agreement, so no illegality in the termination was shown. On the affidavit issue, an incorrect date by itself was treated as carelessness rather than perjury; absent a deliberate false statement on a material fact with intent to give false evidence, the ingredients of perjury were not satisfied and proceedings were not initiated. Case-Laws Companies Law Mon, 09 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259648