Resolution - Removal of a director of a company

Description

• A director of a corporation may be removed from office by the shareholders through a resolution in this regard.
• Upon removal of a director, the shareholders may elect a replacement during the same meeting. However, if the board of directors still has the required quorum, the shareholders may decide not to appoint a replacement until their next annual meeting. if the shareholders do intend to appoint a replacement but did not actually do it, the law provides that the directors may then proceed without delay to the appointment of such replacement.
• The availablbe resolution will meet the needs of most corporations for relatively simple situations.

• For a more complex situation, please contact  .

• Any decision concerning a corporation must be subject a resolution by its board of directors or, where applicabe, its shareholders.
• Any resolution of the corporation must be kept in its minute book.

Other services offered

Summary

This service includes:

• Shareholders resolution to remove a director from office;
• Acceptance of office by the new elected director, if any.

Price

Available option