Case Study 2

The management of company is in the hand of directors. Directors must act in accordance with their statutory and fiduciary duties, including the duty to promote the success of the company for the benefit of its shareholders. However, if shareholders feel that Directors are not performing the duties in the best interest of the company, members can put forward resolution to remove directors.

Required:

1. With reference to Companies Act 2015, explain the process how members can put forward and pass resolution.