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Overview on Removal of Director: There should be at least two directors in every private company, whereas there should be at least three directors in every public corporation. If a director is found to be incompetent and absents himself/herself from board meetings for more than 12 months, or enters into a contract or arrangement in … Read More “Removal of Director – Documents, Procedure” »
There should be at least three directors in a public corporation, while there should be at least two directors on a private company. It is possible for a private company to remove a director if they are incompetent, absent from board adherence for a period of more than 12 months, or engage in agreements or … Read More “Removal a Director Through a Process” »
As a legal entity, a corporation is entitled to remove a director before the expiration of his or her term. Under the new company law, a company may pass an ordinary resolution to remove a director; however, if the process is not followed as per the new law, then the removal can be declared void. … Read More “Guidelines for the removal of directors ?” »
