Removal of a Director
[vc_row][vc_column][vc_column_text]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. Whether initiated by an ordinary resolution, board resolution, or judicial order, the process must be conducted fairly, transparently, and in the company’s best interest.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_custom_heading text=”Document” use_theme_fonts=”yes”][vc_empty_space][vc_column_text]
- Identity proof
- Pass port size photograph
- Pan card
- Digital signature
- Director Identification Number
- Residence proof
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- EGM Notice: The company calls for an extraordinary general meeting (EGM) and issues a notice to all shareholders and the concerned director.
- Form DIR-12: The company files Form DIR-12 with the MCA, notifying the removal.
- Update Records: The ROC updates the company’s records to reflect the director’s removal.
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