The promoters of a public limited company want to insert a clause in the articles of association of the company giving power of expulsion of a member to the Board of directors, where the directors are of the view that th

CS Professional · Advanced Company Law and Practice · PYQS · December 2014
The promoters of a public limited company want to insert a clause in the articles of association of the company giving power of expulsion of a member to the Board of directors, where the directors are of the view that the activities or conduct of such a member is detrimental to the interest of the company. Is it a right step? Explain.

Topics: Membership

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