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Section 8: Resignation by or removal of Managing Director or Directors

The Goa Mineral Development Corporation Act, 2021State Act of Goa · Act 26 of 2021

Notwithstanding anything contained in this Act, the Managing Director or a Director, at any time before the expiry of his term and upon three months’ notice, resign his office, or - 4 - upon similar notice, be removed from office by the Government without assigning any reason:

Provided that Government may, upon payment of three months’ salary and allowances in lieu of the notice, remove the Managing Director immediately without assigning any reason.

Where this provision sits

ActThe Goa Mineral Development Corporation Act, 2021
Section8
Marginal noteResignation by or removal of Managing Director or Directors
JurisdictionState of Goa
StatusIn force as published by the source

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