Director client has been in office as MD for over 30 years. Doesn't seem that there is a director's service contract in place or any other contract of employment. Board have decided to go through the process of making him redundant. He owns 45% of the ordinary (voting) shares.
The Articles (under CA1948) give 6 instances of how a director may be "disqualified" and his position "vacated". I don't think redundancy comes in the list but don't have a copy of that Act so can't be sure. He could probably be removed at an EGM or AGM if the proper procedures are followed but the company don't seem to be going down that route.
There are issues of whether the redundancy is genuine but these will be dealt with once he is out of office (he cannot continue to work with the remaining directors for obvious reasons).
Can anybody comment on the situation where the Articles may have been breached, whether the position changes if he is deemed to be merely an officer of the company but not an employee or give any other observations?
Thanks in advance.