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Appointment of firm or body corporate to office or place of profit under the company Contravention of sub section (1) Instance of

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Full Text of the Document

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....ntravention of sub‑section (1) ‑ Instance of The Company Law Board had occasion to study an instance where a body corporate had been appointed by a company to render secretarial and other services to the latter. The contract of appointment was silent on the question of the tenure of the appointment, and only mentioned that the appointment was terminable at the will of the company. ....