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  Remove Director

Removal of Director

The Composition of Directors and types of directors appointed in a company depends upon the nature of the company. Director has been defined under Companies Act 2013, which means the director appointed to the board of a company.

Overview on Removal of Director

 

Each private company should have a least of two directors, whereas a public corporation shall have a least of three directors. A Private company can remove a director if he catches any of the incompetence specified under the Act, absents himself / herself from board adherence over 12 months. It enters into agreements or arrangements against the provisions of section 184. However, it gets excluded by order of a court or Tribunal or is convicted by a court of any crime and sentenced to imprisonment for not less than six months.

About Participation in the Removal of the Director of a Company

Understandings behind Resignation of Directors

What are the Eligibility Criteria to be a Director?

There are no designated qualifications, but an individual should comply with the following mentors be a director: However, according to the law, a specific natural person only can be a director of any company.

Ineligibility

Recognition: 

 

Types of Director

 

The directors of a company change in terms of the role they play, such as managing director who runs the overall purposes of the company, executive directors who look after the day to day methods, and independent directors who assure proper governance of the company. Thereby, one company can have increased directors; nevertheless, the appointment of directors also depends on the type of business like:

Note: “If any a person holds the efficiency of director in more than 10 or 20 companies before the commencement of Companies Act, then he shall have to determine the companies where he wishes to maintain or resign as the director within one year from such beginning. After that, he shall inform about his decision to the chosen companies as well as the concerned Registrar.

Documents needed for Removal of Director

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