Compliance

Removal of Director from a Company

Company Directors oversees the management and operations of a business, while shareholders own the company. Situations may arise where shareholders opt to remove a director due to inadequate performance or other concerns, or a director may choose to resign. Removing a director is a significant corporate action that requires careful deliberation and strict compliance with the legal framework provided by the Companies Act 2013 or applicable local laws.

Essential Requirements for Director Removal

Key Features

Issuance of Special Notice

According to Section 115 of the Companies Act 2013, a special notice must be issued to initiate the removal process.

Notice Period to Director

This special notice must be sent to the director in question at least 14 days before the resolution for their removal is voted on, ensuring

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