what is the procedure to remove a director from the post of joint managing director in a private company?
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how to remove joint MD
Replies (3)
Simply use section 284.
Pass ordinary resolution of shareholders u/s 284 in the general meeting and remove him/her from directorship. File form-32 within 30 days of removal in GM
Also check your articles in this behalf.
How to removal a director from the post of JMD and not from directorship?
no need to remove him as JMD. As per law MD must be a director so if you remove him as a director that would equal to removal as JMD....bcoz without directorship he can not continue as JMD.
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