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Remove a Director
Procedure of Removing a Director
3 Working Days
By an ordinary decision, a Director can be removed before the completion of his period of office. Provided, he does not hold office for life. A special notice of any decision must be sent by the company to the concerned director.
10 Working Days
The company has to wait for some response from the concerned Director if in any case, no response is received; a special notice should be given and through member’s approval the person can be removed. The company would have to File a DIR-12 with the Registrar of Companies, later within a time frame of 10-15 days, the Director will be removed.
What You Need To Know
Not on Exports
The default option for start-ups and growing businesses as only private limited companies can raise venture capital.
Steep Fines
The default option for start-ups and growing businesses as only private limited companies can raise venture capital.
No Going Back
The default option for start-ups and growing businesses as only private limited companies can raise venture capital.
Service Tax Registration Process
As per the section, 284 (2) of Act, a director of the integrated company can be removed before the completion of his stint by:
- Central Government,
- Shareholders of the Company,
- Company Law Board.