Companies Act, 2013

Section 128

Removal of managing director, whole-time director or manager

⚡ Quick Answer Reference: Section 128 Companies Act

Provision: Section 128 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 128 of Companies Act say?

A managing director, whole-time director or manager may be removed from his office before the expiry of the period of his appointment by a special resolution passed in general meeting, but not otherwise.

Indian StandardSection 128, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 128 (India)

Court Pleading StandardSection 128 of the Companies Act, 2013

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 128 Companies Act

What is Section 128 of Companies Act?

Section 128 of the Companies Act, 2013 (Companies Act) defines and regulates "Removal of managing director, whole-time director or manager". The section states: A managing director, whole-time director or manager may be removed from his office before the expiry of the period of his appointment by a special resolution passed in general meet...

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