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.
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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
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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