The role of corporate lawyers
Director removal under Section 71 of the Companies Act: Do shareholders need to give reasons for removing a director?
Date:
January 12, 2025
Category:
Corporate and Business Law
Conclusion
In conclusion, there are two decisions in support of provision of reasons to a director and one decision against provision. That said, it is necessary for a higher court to make a final binding ruling on the matter. It remains to be seen which judgment the Supreme Court of Appeal will confirm.
Follow us on social media:
Stay Updated with Legal Trends
Stay ahead in the legal world with our regular updates and expert analysis on current legal developments. Whether you're navigating regulatory changes or handling legal disputes, we've got you covered.
