https://www.taxtmi.com/highlights?id=47038 Oppression and mismanagement - removal of MD/Director - in the notice there was an agenda for removal of 1st respondent as Managing Director and not director - therefore, the NCLT in exercise of its powers u/s 242 has rightly set aside the decision of the company to remove as director of the company - removal due to loss of confidence does not appear in the Companies Act - eligible for compensation also en-us Fri, 07 Jun 2019 07:27:39 +0530 Fri, 07 Jun 2019 07:27:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47038 Oppression and mismanagement - removal of MD/Director - in the notice there was an agenda for removal of 1st respondent as Managing Director and not director - therefore, the NCLT in exercise of its powers u/s 242 has rightly set aside the decision of the company to remove as director of the company - removal due to loss of confidence does not appear in the Companies Act - eligible for compensation also Highlights Companies Law Fri, 07 Jun 2019 07:27:39 +0530 https://www.taxtmi.com/highlights?id=47038