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Removal of Director

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Removal of Director

A director can be removed as per section 169 of Companies act. Removal of director means board of the company Suo Moto remove director. There are various reasons for removal of director like Causing problems with the CEO, involved with competitor of the corporation, doing illegal activities, etc.

We will help to file the process of removal of director. The average time for removal of director is 1 to 5 working days, subject to government processing time and client document submission.

    Removal of a Director Process

    Removal of a Director Process







    Corporate Genie Plans

    Basic

    Rs. 2,999
    • Removal/Resignation of One Director

    Standard

    Rs. 3,999
    • Removal/Resignation of Two Director

    Premium

    Rs. 4,999
    • Removal/Resignation of Three Director

    Documents Required

    • Resignation Letter of the resigning Director
    • Resolution for his resignation from the Company
    • Relieving Letter to Director from Company

    Some reasons for removal are

    As per the Companies Act, 2013, a director can be removed from company due to following reasons(it is to be noted that company cannot remove director if appointed by Central Government)

    The appointed Director is not attending the Board Meeting for more than 12 months continuously.
    Director himself resigned.
    Causing problems with the top management.
    Involved with competitor
    Doing illegal activities
    The Director is convicted by a Court and Sentenced to Imprisonment
    Ineffectiveness of the existing Director
    Hiring new Expertise on board
    If the Director is suffering from Mental Disorder or becomes Bankrupt
    The concerned Director is not responding to the Notice sent by the Organization

    Who are authorize to remove director

    Shareholders holding not less than Rs. 5,00,000 capital in the Organization.

    Shareholders holding not less than 1% voting power in the Board Meeting.

    Process to Reach Us

    Fill the details in the form provided on our website.

    Make the required payment.

    Team will call you and ask for all the Necessary Information and Documents.

    The Expert will Prepare and ask for Your Approval for Director’s removal process

    Finally, filing and processing of removal of Director, so the process is completed.

    Any Query ??
    Don't hesitate to contact us

    We can work on any of the Accounting Software of your choice and deliver you the work on time.

    FAQ

    A board meeting will be conducted by giving notice 7 days before and Ordinary resolution will be passed.
    As per section 168(2), the director who has resigned shall be liable even after his resignation for the offences which occurred during his tenure.