Ways in which company directors leave a board

Ways in which company directors leave a board

1. Death

2. Resignation

• Directors can leave the board if they resign by notice in writing.

3. Failure to seek re-election

• When they are required by the retirement by rotation provision in company constitutions to seek re-election, but they decide not to offer themselves for re-election.

4. Voted out

• Directors being nominated for re-election at an AGM, but members voted against their re-election.
• Directors can also be removed from office by ordinary resolution at an AGM of which special notice has been given to the company.

5. Disqualification

• Disqualified by legislation or court
• Become bankrupt
• Enter arrangement with creditors 
• Become unsound mind.
• Commission of serious offence in connection with management of company