As per the guidelines outlined in the Companies Act of 2013, the responsibility for the removal of a director from a company rests with the board of directors. However, this step necessitates a valid and compelling reason. Reasons for the removal encompass factors like the director's ineffectiveness, involvement in fraudulent actions, directorial conflicts, or voluntary resignation owing to personal circumstances.
To proceed with the dismissal of a director, the board of directors is required to approve an Ordinary Resolution. This resolution should detail the grounds for removal and confirm that the director was not appointed by the central government. Once this authorized resolution is in place, the director can be officially removed from the company.
"Company Director Removal Form & Application Process in Kolkata" Explore the essential forms and application procedures for removing a company director in Kolkata. Get insights on requirements, fees, and the overall process.
If the designated director challenges the decision of removal in a legal way and take the matter to the court. This will involve a lot of legalities and create a lot of hassle for the existing directors.
However, Sujata Associates is a professional legal service provider dealing with business legalities for over 20 years. With a vast knowledge of business law, we can easily deal with any possible scenario in a legal way. Even during the Covid-19 pandemic, we are providing easy and simple service processes for our clients via our online portal. Company Director Removal in Kolkata is not an issue anymore. Get in touch with us today.
