Removal  of  Directors

(1)  A  company  may,  by  ordinary  resolution,  remove  a  director,  not being a director appointed by the Tribunal under section 242, before the expiry of the period of his office after giving him a reasonable opportunity of being heard:Provided that nothing contained in this sub-section shall apply where the company has availed itself of  the  option  given  to  it  under  section   to  appoint  not less  than two-thirds of  the  total  number  of directors according to the principle of proportional representation.remove directors the company shall, if the time permits it to do.Remove Directors & Digital Signature.

(2) A special notice shall be required of any resolution, to remove a director under this section, or to appoint somebody in place of a director so removed, at the meeting at which he is removed.

(3)  On  receipt  of  notice  of  a  resolution  to  remove  a  director  under  this  section,  the company  shall forthwith send a copy thereof to the director concerned, and the director,whether or not he is a member 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,

(a)  in  any  notice  of  the  resolution  given  to  members  of  the  company,  state  the fact  of  the representation having been made; and Remove Directors & Digital Signature.

(b)  send  a  copy  of the  representation  to  every  member  of  the  company  to  whom  notice  of  the meeting is sent (whether before or after receipt of the representation by the company),and  if a copy of the  representation is  not sent as aforesaid due  to insufficient time  or for the company‘s default,  the  director  may  without prejudice  to  his  right  to  be  heard  orally  require that the  representation shall be read out at the meeting:

Provided that copy of the representation need not be sent out and the representation need not be readout  at the  meeting if,  on  the  application  either  of the  company  or  of  any other  person  who  claims  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 directors under this section may, if he had been appointed by the company in general meeting or by the Board, be filled by the appointment of another director in his place at the meeting at which he is removed, provided special notice of the intended appointment has been given under sub-section.

(6) A director so appointed shall hold office till the date up to which his pre decess or would have held office if he had not been removed.

(7)  If  the  vacancy  is  not  filled  under  sub-section  (5),  it  may  be  filled  as  a  casual vacancy  in accordance with the provisions of this Act:

Provided that the director who was removed from office shall not be re-appointed as a director by the Board of Directors.

(8) Nothing in this section shall be taken:

(a) As depriving a person removed (or) remove directors.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

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