Business Studies

Write a letter to the Director following cases.
Informing director about his removal from Directorship.


SOLUTION
                                                  Voltas  India Ltd
                                         Voltas tower, Pimpri, Pune-456321
Tel : 246856                                                      Email : voltas45@tata.in
Fax : 4567809                                                   Date :20th september 2018
Dr. Manmohan Modi,
Dr. Ambedkar road,
Dadar (west)
                                   Sub : Removal from directorship 
Sir,
I have been directed by the Chairman to be inform you that, the company recieved 14 special notice from the members proposing your removal from the directorship on account of misuse of company property. This charges against you have been established and proved by the committee appointed for the purpose.
As per rules, an extra ordinary general meeting was convened on 15th September 2018 and the members, after due consideration of your explaination have passed a resolution favouring your explaination, have passed a resolution favouring termination of your directorship.
Under these circumstances, i am directed to inform you that your directorship in the company has been terminated with effect from 20 th September 2018.
                 

                                                                                                     Yours faithfully,
                                                                                                                 Sd/-
                                                                                                             Secretary
View Full Answer

Its FREE, you're just one step away


Subjective Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 145
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Which of the following talks about the principle of utmost good faith?
  • A. Premium is computed on the basis of assessment of the proposal form.
  • B. Insurer agrees to compensate for loss of sea perils.
  • C. A person who enters into contract has a legal obligation to act with honesty.
  • D. It is mainly concerned with how the losses or damages happened.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Subjective Medium
Distinguish between the following:
Heading (Head Address) and Inside Address.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Subjective Medium
Distinguish between the following:
Enclosure and Post Script.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 TRUE/FALSE Medium
In case of Hull Policy, the amount insured is fixed at a level above the current market value.
  • A. True
  • B. False

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
Which one of the following is not a remedy available in case of default?
  • A. Sue for breach of contract and for damages.
  • B. Repossess the goods after the buyer has resold them.
  • C. Stop delivery of the goods.
  • D. Demand specific performance.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer