DIRECTOR

SUBJECT :CORPORATE LAWS AND SECRETARIAL PRACTICE
CHAPTER- DIRECTOR
Mr Stubborn is a director of M/S Doubtful Industries Ltd. He along with other two directors has been running the company for past twenty years without declaring any dividends or giving any benefits to the shareholders. Frustrated by this, some shareholders are desirous of giving notice to pass a resolution with the support of other shareholders for his removal as a director in the annual general meeting of the company to be held in the month of December of 2001.State the procedure to be followed for the removal of Mr. Stubborn as a director and the right of stubborn to defend his position . CA (FINAL) NOV 2001

ANSWER : APPLICABLE SECTION :-284 of companies act 1956

Steps involved to solve the above question :-
Mention the procedure/steps for removal of director in sequence e.g
Mention case law to support your answer
Explain the exceptions
Give conclusions