Removal of a director

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Partner
108 Points Joined May 2009

In case of a private ltd co. there are four directors. Is there any provision in the law by which three out of four directors can remove the fourth director if he is detrimental to the interest of the company? Kindly elaborate the step by step procedure for the same.

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On 19 June 2010 at 15:11 Report
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CA
256 Points Joined December 2008

Sir,

Just added to you to keep track on this answer which you will get.

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On 19 June 2010 at 15:33
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A director can be removed by ordinary resolution of shareholders with special notice and the vacancy can be filled by appointing a director in casual vacancy. Hovered directors by themselves cannot remove any director. Refer section284 of Companies act.

Regards

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On 19 June 2010 at 16:08
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Mentor at SHAYVIDZ Academy
3756 Points Joined September 2007

Agree wid Randhir

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On 20 June 2010 at 14:06
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First, look at AOA of the Company.

Whether all the four directors are First Directors of the Company.

If, Yes check then the procedure for the removal of First Directors of the Company, and follow that procedure

 Otherwise, call the EGM and at EGM passed the resolution for the Removal.

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On 21 June 2010 at 17:41


CCI Pro

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