Removal of a company's director from his designation
Let's take a look at how the Board of Directors can terminate a Director Suo-moto.
If a Director was not nominated by the Government of India or any Tribunal, the Company holds the right to dismiss him or her by duly passing an Ordinary Resolution.
In the event when a director skips three consecutive board meetings
If a director fails to attend a Board Meeting for a period of twelve months, beginning on the day he was absent at the first board meeting and after providing due notice for all meetings, it will be assumed that he has departed from the office, and a Form DIR – 12 shall be filed in his name, and his/her name will be erased from the Ministry of Corporate Affair's database.
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