Vacation of office

    Posted By : CS Gaurav / Published on : 29-May-2018 01:04 AM / View : 138 / Comment : 0
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    Dear Members, Please reply on following query: One of client is convicted by court for an offence under Companies Act, 2013 and he is sentenced to imprisonment for 3 years. As per Sec 167 of Companies Act, 2013, he shall have to vacate office of director in all companies in which he used to be director. Now, my query is he have to vacate office of designated partner in LLPs also in which he is designated partner or no there is no any such provision in LLP Act and LLP Rules and if yes he have to vacate office of designated partner also, then where it is mentioned in LLP Act or LLP Rules. Please reply as soon as possible.
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