Removal of director

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sangita (Querist)
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07 April 2009 What is d procedure of removal of director from pvt ltd company?????
pl let me also know the section for removal.....

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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07 April 2009 Section 284 of the companies act deals with removal of directors.

Step 1 : you should receive special notice from the shareholder the request alongwith reason.

Step 2 : You have send the copy of notice received to the proposed direcotr whom you want to remove.

Step 3 : Conduct the board meeting, bring in the subject of removal of director and under which the removal is proposed. Invite the director to speak at the board meeting.

Step 4 : Conduct egm, pass special resolution.

Step 5 : conduct board meeting and authorise a person to file the necessary forms to roc and to sign digitally.

Step 6 : File form 23 to roc

Step 7: File Form 32 for removal.

Step 8 : Communicate to all banks and financial institutions.

Step 9 : If required the same should be published in paper if he is a working director or closely associated with thecompany.

step 10 ; Enter the same in the statutory combined register.