A shareholder doesn’t always get along with another. Whatever the reason, there are times when one shareholder wants to cut ties with another shareholder in their company. It can be a complicated process, but it’s not impossible – as long as you take precautions. If you are planning to remove a shareholder, you should consider…
Tag: removal of director in private limited company
RESIGNATION AND REMOVAL OF DIRECTORS
Managing and administering the company is the responsibility of the director. An outgoing director can either resign or be removed from the company following the proper procedure. An outgoing director can either resign or be removed by filing an intimation of a change of director with MCA. However, there are various procedures for resigning or…