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Part II The Office of Director, 7 Termination of Appointment of Directors

Edward Brown KC

From: Company Directors: Duties, Liabilities, and Remedies (4th Edition)

Edited By: Mark Arnold KC, Simon Mortimore KC

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 13 July 2024

Approved person — Conduct of business regulation — Regulated persons

This chapter covers the provisions concerning the termination of the appointment of directors. It highlights the essential feature of any company management that directors' appointments are capable of termination, which could be voluntarily or upon a specified event like a company resolution. Termination provisions may be relied on matters such as terminations of directors under reasons of accountability and incapacitation, or resignation. The chapter explores the provisions of the Companies Act and company articles that govern termination, together with the rights and liabilities that arise in the event of termination. It considers the additional rules for public companies, such as dismissal by unanimous decision and retirement by rotation.

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