Dealing with a Private Limited Company. The Company's Articles state 'After 2 consecutive periods of 3 years Directors of the Company will be disqualified from further election for a period of 3 years'. The Director in question completed a 6 year stint in January 2021. The board have voted for him to continue as a Director and will propose an amendment of the Articles at the AGM in March 2021. A number of shareholders are unhappy with this and intend to vote against re-appointment. Until the AGM is held can the Director in question continue to act as a Director of the Company or did his appointment automatically cease with his completion of the 6 year period?
7th Feb 2021
When does a Director cease to hold office?
Director's period of office has exceeded the period specified in the Articles.
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