Removal of director in private company


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 September 2011 If there are 2 directors in company Having share holding of 95% and 5% respectively. If the director having share of 5% hurts the company or committed fraud in company and if the case is pending in the court for such matter than what is the procedure to remove that director from the company?

26 September 2011 read section 284 of companies act, 1956.
by passing an ordinary resolution of shareholders in the general meeting you can remove a director.

RG

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 October 2011 But after removal of that director no of the directors remains in co will be 1 only




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