sec 191loss of office in connection with transferof undertaking
Umang Rathore (45 Points)
17 December 2018
can anyone explain me this section 191
1 Replies
Shubham Deshpande
(49 Points)
Replied 18 December 2018
Basic motive/ concept behind this sec is when a co transfers the whole or any of undertaking or all or any of shares(sort of acquisition by other) to another co/ person ,then management of company generally changes nd because of that director may lose their job nd they get compensation as a loss of office
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