Appointing a director is a fairly straightforward process. My last post concerned directors’ responsibilities. I will now focus on the appointment process. Appointing a director happens at any time after incorporation. Likewise, a director can resign or be removed by the shareholders at any time, providing such actions do not contravene any provisions in the Companies...
Tag: Director
The Directors’ Directory part 3: Removing a director
Removing a director is a fairly straightforward process. My last post focused on how to appoint a company director – I’ll now outline how to remove one. A director can be removed from a company for a number of reasons. The resignation or termination must be in accordance with three things: the terms of the...
Stop!! Do you know your legal obligations?
With the dark nights upon us, we must confess The Apprentice is our guilty pleasure, as we get snuggled up on the sofa with a nice hot cuppa. Amongst all the frantic tasks, drama and tension of the boardroom, we have been thinking about the understanding of the legal obligations as a company director...