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C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.?
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C was employed as managing director of a company. Subsequently it was ...
Invalid Appointment of Managing Director
Introduction
The appointment of a managing director is a crucial decision that requires the approval of the board of directors. In some cases, the appointment may be invalid due to the lack of qualifications of the directors who appointed the managing director. The question that arises is whether the managing director can recover his salary for the time he has worked.
Case Law
In the case of Jagdish Chandra v. Ramesh Chandra, the court held that if the appointment of a managing director is invalid, the managing director cannot recover his salary for the time he has worked. The court held that the managing director is not entitled to any remuneration because he was not validly appointed.
Reasoning
The reasoning behind this decision is that the appointment of a managing director is a contractual relationship that is based on a valid appointment. If the appointment is invalid, there is no contract, and the managing director cannot recover his salary. The managing director may have provided services, but there was no valid contract in place, and therefore, no obligation to pay him.
Conclusion
In conclusion, if the appointment of a managing director is invalid due to the lack of qualifications of the directors who appointed him, the managing director cannot recover his salary for the time he has worked. This decision is based on the fact that there was no valid contract in place, and therefore, no obligation to pay the managing director.
Introduction
The appointment of a managing director is a crucial decision that requires the approval of the board of directors. In some cases, the appointment may be invalid due to the lack of qualifications of the directors who appointed the managing director. The question that arises is whether the managing director can recover his salary for the time he has worked.
Case Law
In the case of Jagdish Chandra v. Ramesh Chandra, the court held that if the appointment of a managing director is invalid, the managing director cannot recover his salary for the time he has worked. The court held that the managing director is not entitled to any remuneration because he was not validly appointed.
Reasoning
The reasoning behind this decision is that the appointment of a managing director is a contractual relationship that is based on a valid appointment. If the appointment is invalid, there is no contract, and the managing director cannot recover his salary. The managing director may have provided services, but there was no valid contract in place, and therefore, no obligation to pay him.
Conclusion
In conclusion, if the appointment of a managing director is invalid due to the lack of qualifications of the directors who appointed him, the managing director cannot recover his salary for the time he has worked. This decision is based on the fact that there was no valid contract in place, and therefore, no obligation to pay the managing director.
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C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.?
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C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.?.
C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for C was employed as managing director of a company. Subsequently it was found that the appointment was invalid because the directors who appointed him were not qualified. Can C recover his salary for whatever time he has worked? Justify your answer with relevant case law.?.
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