Directors - powers and appointment

Companies Act-Phase (I & II)

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Director can be removed by shareholders before the expiry of his tenure by:

Passing Special Resolution in General Meeting and with Special Notice

Passing Board Resolution in Board Meeting and with Special notice

Passing Ordinary Resolution in General Meeting and with Special Notice

Any of the above

None of the above

Explanation:

As per section 169 of Companies Act, 2013 , shareholders can remove the directors before expiry of their term by passing ordinary resolution in a general meeting. A special notice with the intention of removing a director by specified number of members of the company has to be passed at least 14 days before the meeting at which it has to moved excluding the day on which the notice is served and the day of the meeting.

By: Vikas Goyal

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