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Removal of Director

Removal of Director

A Company has the authority to remove a Director by passing an Ordinary Resolution, given the Director was not appointed by the Central Government or the Tribunal.

Google Review Rating

4.9/5

Market Price

18000/-

Instabizfilings Price

₹ 12712 excl. GST

₹ 15000 incl. GST

Complete Date

22-08-2024
  • You Save INR 3000/- (29%) on the above Service.

    ROC Fees/Governemnt Fees will be charged at actuals

    Late fees if any will be beared by the Client/Customer.

Offers and Discount

No Cost EMI available on Transactions exceeding 3000

10% Discount on your first purchase

18% GST Credit available

Scope of Work:

  • 1. Preparation of Board Meeting and General Meeting documents for removal of director;

     

    2. Preparation of documents for attachment in e-forms;

     

    3. Preparation of e-forms;

     

    4. Arranging for Certification of e-forms;

     

    5. Resubmission of e-forms, if any

FAQs

FAQs

Yes, a company director can be terminated without their consent. However, such removal calls for a strict procedure to be followed.

Even if a director is removed by the company, he shall be entitled to compensation/ damages payable to him.

The board of directors can remove the director from their office by passing an ordinary resolution in a general meeting. However, the board cannot remove a director of company the Tribunal or the Central Government has appointed.

Thus, under the 2013 Act, a company can remove a director only in a general meeting by passing an ordinary resolution and if he has not been appointed as a director under the principle of proportional representation or under section 163.

According to Section 115 only shareholders carrying not less than 1% of total voting strength or holding shares on which an aggregate sum of not less than ₹ 5,00,000 has power to remove a director and can deliver personal notice to the company for removal of a director.

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