Advertise With Us

    Director Removal in Private Limited Company

    Posted By : Sachin / Published on : 16-May-2022 01:31 PM / View : 78 / Comment : 0
    Print button
    In my case, there is a newly incorporated private limited company (1 year Completed) which consist of :

    1. Director - A (holding 51% share)
    2. Director - B (holding 49% Share)
    3. Director - C ( not a shareholder)(appointed as director recently)
    ** Authorized Capital =Rs.15 Lakhs and Paid Up Capital = Rs.2 Lakhs **( Rs.10 per Share)

    Since Director-A is negligence in his work and due to some other reasons , the other two directors is decided to remove him from the company.

    And my question is:-

    1. Is it possible to remove Director -A by the other two directors?
    2. Is it possible to remove Director -A without his Consent?
    3. Is it possible to increase Paid up Share Capital , without the approval of Director-A?
    So that, Director - B and Director-C can contribute more and hold the majority shares.
    It may helpful for taking actions without the consent of Director-A.

    So, kindly guide me with the references and help me to solve this case.
    Read more on : company limited private removal director



    Other Queries from Sachin
    What's New on

    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or ask@compliancecalendar.in