Shareholders can remove the Directors of Company: NCLT

Thaniyulla Parambath Jahafar Vs Relax Zone Tourism Private Limited (NCLT Kochi) One of the crucial rights which Companies Act, 2013 gives to the shareholders is the right to remove the Directors of the Company, if they are not acting in consonance with the Articles of Association of the Company, but only utilizing their powers for their benefits. Therefore, the said removal of the Petitioner from the Directorship is not an illegal act done against the Petitioner and the Petitioner failed to prove any continuing oppressive acts on the part of the Company or its management. Hence this Tribunal c...