CA Foundation Exam > CA Foundation Questions > C was employed as managing director of a comp...
Start Learning for Free
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.?
Most Upvoted Answer
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.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
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.?
Question Description
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.?.
Solutions 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.? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of 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.? defined & explained in the simplest way possible. Besides giving the explanation of
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.?, a detailed solution 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.? has been provided alongside types of 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.? theory, EduRev gives you an
ample number of questions to practice 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.? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup