Section 168 provides that a company can remove a Director by passing an ordinary resolution at a meeting. Special notice is however required. On receipt of notice of an intended resolution to remove a Director, the company must send a copy of the notice to the Director concerned.
Nevada Corporate Name The name must not be the same as or deceptively similar to the name of any corporation, limited partnership, limited liability company, foreign corporation, foreign limited partnership or foreign limited liability company.
Unless there is a special provision in the company's Articles of Association a director cannot be removed from office by the Board of Directors, and only the shareholders can remove a director. The Articles may provide a procedure for this; otherwise the statutory procedure must be used.
As per the 2013 Act, the removal of a director can only take place during a general meeting through the approval of an ordinary resolution. Notably, this condition is applicable unless the director in question was appointed either through proportional representation or under section 163.
NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; alternative means for participating at meeting.
A director can be removed without their consent under certain conditions, usually, governed by a company's bylaws, shareholders' agreements, and local jurisdiction. Here are common methods for director removal: Shareholder Vote - In many jurisdictions, directors can be removed by a majority vote of the shareholders.
A director may be removed by: An ordinary resolution adopted at a shareholders' meeting by the persons entitled to exercise voting rights in the election of that director.
How to remove a director under the company's articles of association they resign. a majority of the company shareholders vote them out by ordinary resolution. they're stopped from being a director by a court or in law. they become bankrupt or similar.
NRS 82.271 Meetings of board of directors or delegates: Quorum; consent to action taken without meeting; alternative means for participating at meeting.
How to change your business name in Nevada Identify the new name. Get the approval of board of directors. Check business name availability. Notify Nevada SOS. Change licenses and permits. Notify the IRS. Apply for a new EIN. Apply for a new EIN for your business in Nevada!