A company can remove its director by passing an ordinary resolution unless he was appointed by the Central Government or the Tribunal. The steps involved in removing a director are as follows.
1. Convene a board meeting by giving 7 days notice with the agenda of removing the director.
2. In the board meeting, a resolution to convene the extra ordinary general meeting and the resolution to remove the director need to be passed.
3. 21 days notice is to be given to convene the general meeting and in the general meeting, the shareholders can cast their votes. If the majority is in favour of the decision, the resolution will be passed.
4. Forms DIR 11 and DIR 12 shall be filed with the board resolution and ordinary resolution as attachments.
5. Once the forms are filed, the name of directors shall be struck off from the master data by MCA.
Comments