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You will have to examine the Articles of Incorporation and the By Laws to see if there is any provision for him being voted out, or for him being ejected for a rule violation.
Failing that, it may be that he has broke the laws of the state in which the company is chartered.
If you find any circumstance in which he can be terminated, then you can go to him and offer him the chance to resign. That's known as a "forced resignation", though it is the custom of the Western World to pretend that all resignations are purely voluntary, even when they blatantly are not.
On the other, you could always offer him a bribe, either in a one time payout, a retirement package, some non-voting stock options, or other things collectively known as a "golden parachute". It's the custom of the Western World to pretend that such payouts and payoffs are not bribes, but "rewards for long years of good and faithful service", even when it blatantly is not.
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Who is the chariman and managing director of videocon?
Videocon Industries Limited is a company that was established in India in 1979. The chairman and managing director of Videocon as of July 2013, is Venugopal Dhoot.
What is the difference between a director and a promoter in a company?
A promoter is a founder of a company. He may or may not be the director of the company. If the promoter is a director of the company as well, then he is subject to receiving of dividends as per his proportion of shareholding in the company.
Is the company owner the company director?
yes
Difference between Managing director and Whole Time Director?
Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
Difference between chairman and director of the company?
A director is someone who oversees the whole business and helps it run as a whole. For example, you may have a director of human services and an executive director. The chairman is someone who sits on the board of the company and makes decisions related to the company.
Who is the managing director of singareni collieries company limited?
sridhar ias
What is the least expensive form of business organization?
Limited liability company which has single director
Can two directors eliminate the third director in a private limited company?
Directors are chosen by shareholders. Of course, in a private limited company, directors are probably also shareholders. But for two directors to fire a third director, they would have to control the majority of the shares.
Who is the Managing Director of Jindal Urban Infrastructure Ltd?
This company is part of JINDAL SAW Limited with MR Indresh Batra the CEO of this company as well as JINDAL WATER INFRASTRUCTURE LIMITED.
The chief managing director of the samruddha jeevan foods India limited company?
Sachin onkar marathe
Can a private limited company take loan from outsiders?
No . It will be considered as deposit. But you can take it from the director's relatives or family
Who is the chariman and managing director of videocon?
Videocon Industries Limited is a company that was established in India in 1979. The chairman and managing director of Videocon as of July 2013, is Venugopal Dhoot.
Which director founded the special effects company WETA?
Peter Jackson, Jamie Selkirk and Richard Taylor founded the digital special effects company Weta Limited in 2001. Its has had various names including: Weta Collectibles Limited, Weta Enterprises Limited, Weta Digital Limited
Can a private limited company purchase agricultural land?
As far as I am aware a private limited company can purchase land. The private limited company has got its own legal entity and as such can enter into the purchasing of land under the name of the limited company. This will mean that the private limited company will own the land and no sinlge member, shareholder or director will have ownership and their names won't be on any legal documents relating to the ownership of the land. I hope this answers your question!
Can a pvt limited company be a partner in partnership firm?
Liability of a Pvt limited Company is limited - a mith. The fact is that liability of a share holder of a limited company is limited to the extent of value of the shares. In other words, the other assets of the shareholder can not attached for default of the company. So the liability of a limited company is limited to the assets of the company, not limited to the face value of the shares. On the other hand the partner of a partnership company has unlimited liability. i.e., the assets of the partner can be attached in case of default. Similarly, when a pvt limited company is a partner the liability of the company is unlimited and to the extent of assets of the company not to the assets of individual shareholders. So a limited company is a legal entity and can become a partner or proprietor of a firm.
How many number of companies can a person be director of at any one time in the United Kingdom?
One person may incorporate a United Kingdom private limited company and become its only shareholder and director. A director and shareholder must be named in the company registration papers. The director and shareholder may be the same person.Hope this helped...
Why did director of us patent office resign in 1875?
He resigned claiming "there is nothing left to invent."
