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Removing a Director from a company
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leona
#1 Posted : Monday, March 14, 2016 11:41:34 AM
Rank: Elder

Joined: 8/1/2008
Posts: 1,432
Location: Marsabit
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance
Nevermind what haters say, ignore them til they fade away - Just live your life
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mkenyan
#2 Posted : Monday, March 14, 2016 12:05:25 PM
Rank: Veteran

Joined: 4/1/2009
Posts: 1,885
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance

1. long story. best see a lawyer.
2. yes.
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leona
#3 Posted : Monday, March 14, 2016 12:30:18 PM
Rank: Elder

Joined: 8/1/2008
Posts: 1,432
Location: Marsabit
mkenyan wrote:
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance

1. long story. best see a lawyer.
2. yes.


Asante @Mkenyan

Lawyers in the house.. I need your services
Nevermind what haters say, ignore them til they fade away - Just live your life
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Muheani
#4 Posted : Monday, March 14, 2016 2:32:03 PM
Rank: Veteran

Joined: 11/20/2009
Posts: 1,402
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance


Yes director can remain one

We went through a directors change. Lawyer involved . Paid 38k
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Swenani
#5 Posted : Monday, March 14, 2016 2:35:07 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Muheani wrote:
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance


Yes director can remain one

We went through a directors change. Lawyer involved . Paid 38k


Removing a director is just through an AGM vote, but removing a shareholder is a bit tricky if the shareholder is not willing to quit
If Obiero did it, Who Am I?
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Muheani
#6 Posted : Monday, March 14, 2016 8:05:24 PM
Rank: Veteran

Joined: 11/20/2009
Posts: 1,402
Swenani wrote:
Muheani wrote:
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance


Yes director can remain one

We went through a directors change. Lawyer involved . Paid 38k


Removing a director is just through an AGM vote, but removing a shareholder is a bit tricky if the shareholder is not willing to quit


I guess @leona is referring to a Ltd company with only two shareholders who are the registered Directors.
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Swenani
#7 Posted : Monday, March 14, 2016 10:40:10 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Muheani wrote:
Swenani wrote:
Muheani wrote:
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance


Yes director can remain one

We went through a directors change. Lawyer involved . Paid 38k


Removing a director is just through an AGM vote, but removing a shareholder is a bit tricky if the shareholder is not willing to quit


I guess @leona is referring to a Ltd company with only two shareholders who are the registered Directors.


Then that'snot removing a director but changing shareholding structure
If Obiero did it, Who Am I?
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TPK
#8 Posted : Thursday, March 17, 2016 12:29:23 PM
Rank: Member

Joined: 6/17/2011
Posts: 129
Location: Nairobi
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance



Please contact company secretaries called fledge registrars, who specialize in these kind of changes. They are very efficient and reasonable in their charges. Their email is info@fledgeregistrars.co.ke

As long as you're going to be thinking anyway, think big
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Impunity
#9 Posted : Tuesday, May 03, 2016 3:14:19 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance


Pay someone 20 bob to go shit on his desk.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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kediveKed
#10 Posted : Tuesday, May 03, 2016 4:16:18 PM
Rank: New-farer

Joined: 3/28/2016
Posts: 37
Location: nairobi
leona wrote:
Hi Wazuans

How does one go about removing a dormant Director from a Limited Liability Company? - Removing from the documents that is

Secondly, can an LTD remain with only one Director?

Thanks in advance

Yes a director can be removed. The problem is if the director is a majority shareholder in the company. in such a situation it would be difficult if\she is not willing to relinquish the position.

You can negotiate with the director in question and offer to buy his/her shareholding in the company. obviously the offer needs to be really good. otherwise if/she refuses you can just form another company or find a way to dilute his shareholding...like mark zuckerburg did to Eduardo saverin in Facebook.

and yes in the new companies act 2015 a company can have one director.
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