TMI BlogRemoval of directors.X X X X Extracts X X X X X X X X Extracts X X X X ..... Provided that nothing contained in this sub-section shall apply where the company has availed itself of the option given to it under section 163 to appoint not less than two- thirds of the total number of directors according to the principle of proportional representation. (2) A special notice shall be required of any resolution, to remove a director under this section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ember of the company, shall be entitled to be heard on the resolution at the meeting. (4) Where notice has been given of a resolution to remove a director under this section and the director concerned makes with respect thereto representation in writing to the company and requests its notification to members of the company, the company shall, if the time permits it to do so, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to be aggrieved, the Tribunal is satisfied that the rights conferred by this sub-section are being abused to secure needless publicity for defamatory matter; and the Tribunal may order the company s costs on the application to be paid in whole or in part by the director notwithstanding that he is not a party to it. (5) A vacancy created by the removal of a director under this section may ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... removed under this section of any compensation or damages payable to him in respect of the termination of his appointment as director as per the terms of contract or terms of his appointment as director, or of any other appointment terminating with that as director; or (b) as derogating from any power to remove a director under other provisions of this Act. - - statute, statuto ..... X X X X Extracts X X X X X X X X Extracts X X X X
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