A Director of a Company which elected by the shareholders of the company to manage all the activities of the company that Director can also remove by the shareholders or he and she can also resign from his or her position by own wish for any reasons after filing the intimation of change of Director with MCA. A Director can resign from a company by giving a notice in writing to the company to the Director and the board of Directors is necessary to file the required filings with MCA within 30 days. A Director can also send a copy of the resignation letter to the ROC directly by filing a different set of forms.
These are the highlights of removal of a Director:
- Any company especially Private Limited Company can remove a Director by passing an ordinary resolution in an Annual General Meeting or an Extraordinary General Meeting as compared
- A casual vacancy caused by the removal of a Director from a Private Limited Company having only two Directors must be filled by the appointment of new Director within 6 months from the date of resignation of previous Director.
- Every company will keep all the records of all the registered employees and Directors according to the provisions of the Companies Act, 2013.