BAN OF DIRECTORBefore explaining this point, we should know that the ban provides protection to the public against directors and officers of companies who behave irresponsibly, incompetent or irresponsible to ensure that, during the period of the ban, the director was not able to take advantage of the limited liability status of the company, nor participate in the management of the company. It is for this reason that the company took this action seriously. Additionally, there are six director bans we need to know about. The first is to buy your own shares or hold the company's shares. Second, provide financial assistance for the purchase of own shares or holding company shares. Third, it provides loans and guarantees for loans granted to its directors and the directors of its related company. Fourth, provides loans and guarantees for loans made to persons related to its director and directors of its holding company. Fifth, real estate transactions of significant value involving a director or shareholder. Last but not least, this is a real estate transaction of substantial value involving no directors or shareholders. The first is the purchase of own shares or shares of the holding company, which means that the director is prohibited from purchasing his own shares or holding shares of the company. If the administrator does this, the company is not responsible for this violation but only the administrator responsible for this violation. This action is set out in section 67(3) of the Companies Act 1965 which says: "in the event of a breach of this section, the company is not guilty of an offence, but each officer in default will be guilty of an offense under this offence. Act". There is a penalty for this director if he commits such an action. The penalty is imprisonment for five years o...... middle of paper ...... adoption of a ordinary resolution The resolution can be adopted if more than half of the votes cast have been passed. This procedure does not apply to private companies, unless they have adopted the same procedure in the statutes. , before the meeting, members who wish to remove the director are required to prepare a special notice or notice of intention to the company at least 28 days before the scheduled date of the meeting. company shall send a copy of this notice to the directors, who may respond to it, and the said response will be given to all the members. After the meeting of the members, the directors have the right to speak to the members. Then the resolution will be put to vote. If half of the votes have been passed, it will be said to be passed. However, if they wish to remove the directors, they must also appoint new directors before removing the old directors...