Becoming a Director

1. DIRECTORS INDUCTION MODULE 1 BECOMING A DIRECTOR

15. Companies Act Section 220 – Removal of a Director By Shareholder: A Special Notice *21 days* is sent by the board to the shareholders, proposing the resolution to remove a director, or to appoint someone in the place of a director at the meeting, with reference to this section of the Act. A copy of the resolution to be passed at the meeting is to be sent to the director concerned, who will be entitled to represent himself at the meeting. The director concerned may submit his representation in writing to the board, and, if received within reasonable time, the board will state in the Notice of General Meeting sent to shareholders that the representation has been made, and send a copy of the representation to every shareholder entitled to attend the meeting. If his representation is not sent to the shareholders, the director concerned may request that his representation be read at the meeting. If the director is voted off the board at the Special General Meeting, the director concerned is still entitled to compensation and damages payable.