If a company relies on the replaceable rules for its internal governance, with the exception of one constitutional clause which provides:
“Directors cannot be removed from their positions except in the case of proven fraudulent conduct.”
Can a director be removed just because all the other directors find him useless?
Thank you.
“Directors cannot be removed from their positions except in the case of proven fraudulent conduct.”
Can a director be removed just because all the other directors find him useless?
Thank you.
