Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the rules regarding the dismissal of a Company Director?

0
Posted

What are the rules regarding the dismissal of a Company Director?

0

A company’s shareholders can remove a director at any time before the end of their period of office regardless of anything to the contrary that there may be in their articles of association or service contract. To propose such a resolution a shareholder must give special notice and the company is obliged to send to the director a copy of the proposed resolution. The director is also entitled to make written representations or reasonable length that the company must send to every shareholder who is sent notice of the meeting. If the company receives these too late for them to be sent out to the shareholders, then the director is entitled to allow them to be read out at the meeting.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123