Removal of a Director from a Company
Directors are responsible for the day-to-day running of the business. As a shareholder, you may not be satisfied with the way that they are performing, or you may have fundamental differences about the way the business should be run.
You may, therefore, wish to remove a director. Prior to taking any steps to dismiss a director, you will need to consider their employment rights and whether you need to appoint a new director.
You will need to comply with the requirements to give the director the correct notice and ensure you follow the correct procedure.
These steps can be complex and if not followed correctly, the removal may be voided. By seeking legal advice early, you can ensure that the correct procedure is followed and that you do not expose yourself to an employment claim by the departing director.