The Removal of Director Resolution is a crucial corporate governance document used in South African companies when it becomes necessary to remove a director from their position on the board. This document is primarily governed by Section 71 of the Companies Act 71 of 2008 and must be prepared when either shareholders or the board of directors decide to remove a director. The resolution should be used when there are valid grounds for removal, such as negligence, breach of fiduciary duties, or other misconduct. It must document the proper following of legal procedures, including adequate notice, fair hearing opportunities, and proper voting processes. The document serves as an official record of the decision and protects the company by demonstrating compliance with legal requirements and good corporate governance practices. The resolution is particularly important as it can have significant legal implications and may be scrutinized by courts if the removal is challenged.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Company Details: Full legal name of the company, registration number, and registered address
2. Meeting Details: Date, time, venue/platform of the meeting, and type of meeting (board or shareholders)
3. Attendance and Quorum: List of directors/shareholders present, confirmation of quorum requirements being met
4. Notice Confirmation: Confirmation that proper notice was given to all relevant parties, including the director facing removal
5. Director Identification: Full details of the director to be removed, including full name, ID number, and position
6. Grounds for Removal: Clear statement of the reasons for removal as per Section 71 of the Companies Act
7. Director's Representations: Record of any representations made by the director in response to the proposed removal
8. Resolution: The formal resolution text for the removal of the director
9. Voting Results: Record of the voting outcome, including number of votes for and against
10. Effective Date: The date from which the removal takes effect
11. Certification: Certification of the resolution by the chairperson or company secretary
1. References to Previous Meetings: Include if the matter was previously discussed in other meetings
2. Additional Resolutions: Any consequential resolutions needed, such as appointment of replacement director
3. Legal Counsel Opinion: Reference to legal opinion if obtained regarding the removal process
4. Employee Status Resolution: Include if the director is also an employee and employment status needs to be addressed
5. Confidentiality Statement: Include if sensitive information is contained in the resolution
6. Company Records Update: Instructions for updating company records and notifications to relevant authorities
1. Notice of Meeting: Copy of the notice sent to all relevant parties
2. Director's Written Representations: Full text of any written representations made by the director
3. Supporting Evidence: Any evidence supporting the grounds for removal
4. Attendance Register: Signed attendance register from the meeting
5. Proxy Forms: If applicable, forms submitted by shareholders voting by proxy
Relevant legal definitions
Clauses
Company Information
Meeting Details
Quorum Confirmation
Notice Compliance
Director Identification
Grounds for Removal
Procedural Fairness
Voting Rights
Resolution Details
Effective Date
Director Representations
Board Authority
Legal Compliance
Record Keeping
Confidentiality
Certification
Implementation
Consequential Actions
Meeting Details
Quorum Confirmation
Notice Compliance
Director Identification
Grounds for Removal
Procedural Fairness
Voting Rights
Resolution Details
Effective Date
Director Representations
Board Authority
Legal Compliance
Record Keeping
Confidentiality
Certification
Implementation
Consequential Actions
Relevant Industries
Financial Services
Manufacturing
Technology
Retail
Healthcare
Mining
Professional Services
Construction
Agriculture
Energy
Telecommunications
Transportation
Real Estate
Education
Non-Profit Organizations
Relevant Teams
Legal
Corporate Governance
Compliance
Board Secretariat
Risk Management
Corporate Affairs
Executive Office
Administrative Support
Regulatory Affairs
Relevant Roles
Chief Executive Officer
Company Secretary
Legal Counsel
Corporate Governance Officer
Board Director
Chairman of the Board
Compliance Officer
Risk Manager
Chief Legal Officer
Corporate Affairs Manager
Senior Legal Advisor
Governance and Compliance Manager
Board Relations Manager
Find the exact document you need
Resolution To Open Bank Account
A South African corporate resolution authorizing the opening and operation of a bank account, designating signatories and banking powers.
find out more
Authorised Signatory Resolution
A South African corporate resolution document that officially appoints and defines the powers of authorized signatories for a company.
find out more
Board Resolution For Increase In Salary Of Director
A South African board resolution document that formally approves and records a director's salary increase in compliance with local company law.
find out more
Board Resolution For Tender Participation
A South African corporate governance document authorizing company participation in tender processes and delegating related powers to specified individuals.
find out more
Board Resolution For Giving Loan To Other Company
A formal board resolution under South African law authorizing an inter-company loan, including loan terms and statutory compliance confirmations.
find out more
Board Resolution For Appointment Of Director In Private Company
A South African law-compliant board resolution document that formally records the appointment of a new director to a private company's board.
find out more
Board Resolution For Applying Loan From Bank
A South African corporate resolution authorizing the company to apply for and obtain a bank loan, including specific approvals and authorizations required under local law.
find out more
Board Resolution For Forfeiture Of Shares
A South African board resolution document authorizing the forfeiture of shares from a defaulting shareholder, in compliance with the Companies Act 71 of 2008.
find out more
Board Resolution For Dormant Company
A South African board resolution document confirming and recording a company's dormant status under the Companies Act.
find out more
Special Resolution For Taking Loan
A South African company document recording shareholders' special resolution to approve and authorize a significant loan transaction, required under the Companies Act 71 of 2008.
find out more
Resolution For Appointment Of New Trustee
A South African legal document recording the formal appointment of a new trustee to an existing trust, requiring Master of High Court approval.
find out more
Board Resolution For Subscription Of Shares
A South African board resolution document authorizing and approving the issuance of new shares to specified subscribers.
find out more
Special Resolution Of Directors
A formal South African corporate document recording major board decisions requiring special resolution status under the Companies Act 71 of 2008.
find out more
Board Resolution For Funding
A South African corporate document recording board approval for company funding arrangements, compliant with the Companies Act and corporate governance requirements.
find out more
Board Resolution For Change In Shareholding Pattern
A South African board resolution document that formally approves and records changes in company shareholding structure, compliant with Companies Act requirements.
find out more
Board Resolution For Appointment Of Legal Representative
A South African corporate document recording the board's formal resolution to appoint a legal representative with specified powers to act on behalf of the company.
find out more
Board Resolution Change Of Directors
A South African board resolution documenting changes in company directorship, compliant with Companies Act 71 of 2008 and CIPC requirements.
find out more
Board Resolution Change Of Address
A South African board resolution document that formally approves and records a change in a company's registered address, complying with Companies Act requirements.
find out more
Directors Resolution For Dividends
A South African corporate resolution documenting the board's decision to declare dividends, including payment details and statutory compliance confirmations.
find out more
Change Of Directors Resolution
A South African corporate resolution document that formally records and implements changes to a company's board of directors, in compliance with the Companies Act.
find out more
Board Resolution For Private Limited Company
A formal document under South African law recording decisions made by a private company's board of directors during an official board meeting.
find out more
Board Resolution For Joint Venture
A formal board resolution under South African law documenting the board's approval and authorization of a joint venture arrangement, including key terms and delegated authorities.
find out more
Board Resolution For Declaration Of Dividend
A South African corporate resolution documenting the board's decision to declare and pay dividends to shareholders, ensuring compliance with Companies Act requirements.
find out more
Board Resolution For Closure Of Business
A South African corporate resolution document recording the board's formal decision to close business operations, including implementation plans and compliance requirements.
find out more
Appointment Of Auditor Resolution
A South African corporate resolution document that formally appoints an external auditor in compliance with the Companies Act and relevant regulations.
find out more
Resolution To Appoint A Director
A formal corporate resolution under South African law documenting the appointment of a new director to a company's board of directors.
find out more
Board Resolution For Sale Of Company
A South African corporate resolution documenting board approval and authorization for the sale of a company, in compliance with the Companies Act 71 of 2008.
find out more
Board Resolution For Partnership
A South African corporate governance document recording board decisions and authorizations regarding partnership arrangements, compliant with local company law.
find out more
Board Resolution For Issue Of Shares
A South African corporate document recording the board's formal decision to issue new shares, complying with Companies Act 71 of 2008 requirements.
find out more
Board Resolution For Dissolution Of Committee
A South African corporate resolution documenting the board's decision to dissolve a committee, in compliance with the Companies Act and corporate governance requirements.
find out more
Board Resolution For Buy Back Of Shares
A South African board resolution authorizing a company's repurchase of its own shares, complying with Companies Act requirements and corporate governance standards.
find out more
Board Resolution For Approval Of Annual Budget
A South African board resolution document for formal approval of a company's annual budget, compliant with local corporate law and governance requirements.
find out more
Board Resolution For Appointment Of Compliance Officer
A South African board resolution document formalizing the appointment of a Compliance Officer and defining their role and responsibilities.
find out more
Board Resolution For Acquisition Of Shares
A South African corporate document recording the board's formal authorization for a share acquisition, compliant with the Companies Act 71 of 2008.
find out more
Board Resolution Approving Sale Of Shares
A South African corporate document recording board approval for the transfer of company shares, compliant with Companies Act 71 of 2008.
find out more
Board Resolution Appointing Corporate Secretary
A South African board resolution document formalizing the appointment of a Company Secretary in accordance with the Companies Act 71 of 2008.
find out more
Allotment Of Shares Board Resolution
A formal board resolution under South African law documenting the approval and terms of new share issuance to specified recipients.
find out more
Unanimous Resolution Of The Board
A South African board resolution document recording unanimous decisions made by all company directors under the Companies Act 71 of 2008.
find out more
Resolution To Open Bank Account For Association
A South African legal document authorizing the opening and operation of a bank account for an association, specifying account parameters and authorized signatories.
find out more
Resolution Appointing New Board Members
A South African corporate resolution document recording the formal appointment of new directors to a company's board, in compliance with the Companies Act 71 of 2008.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)