Remove the director by majority of directors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 October 2014
My Question is Whether Any Director or Majority director are Power to Remove one of Them Director By Way of Board Resolution? And Also the Provide in Which Section this Provision are Applied & Procedure
Thanks in Advance
Thanks in Advance
CS Mitesh Mehta
(Expert)
16 October 2014
No.
Removal of directors- Section 169
A company may, remove a director except the director appointed by National Company Law Tribunal u/s 242, before the expiry of the
period of his office after giving him a reasonable opportunity of being heard after passing the ordinary resolution.
A special notice shall be required of any resolution, to remove a
director under this section, or to appoint somebody in place of a director
so removed, at the meeting at which he is removed.
Removal of directors- Section 169
A company may, remove a director except the director appointed by National Company Law Tribunal u/s 242, before the expiry of the
period of his office after giving him a reasonable opportunity of being heard after passing the ordinary resolution.
A special notice shall be required of any resolution, to remove a
director under this section, or to appoint somebody in place of a director
so removed, at the meeting at which he is removed.
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