Tag: removal of director

Removal a Director Through a Process

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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” »

Guidelines for the removal of directors ?

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removal of a director

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 ?” »