Friday, 27 August 2021

Notice of EGM for removal of Director

 

NOTICE IS HEREBY GIVEN THAT THE EXTRAORDINARY GENERAL MEETING(EGM) OF _________________________________ PRIVATE LIMITED, ON THE REQUISITION OF __________NAME OF COMPANY___  shareholder of the company who holds ______% of the voting capital of the company WILL BE HELD ON  ______DAY ____________________, 2021 AT 12.00 NOON AT______DELHI ADDRESS______THROUGH VIDEO CONFERENCE FACILITY

                   

SPECIAL BUSINESS

                                                                                                                           

1.        REMOVAL OF ___________________ AS DIRECTOR of the company

 

To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution:

 

“RESOLVED THAT pursuant to the provisions of Sections 169 of the Companies Act,2013 and any other applicable provisions if any  (including any statutory modification(s) or re-enactment thereof for the time being in force), _________________ (DIN: ____________), be and is hereby removed from the office of Director of the Company with effect from the date of this meeting."

“RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, _____________________________, Director of the company is and hereby authorized to do all the acts, deeds, matters, and things as may be deemed necessary, proper or desirable and to sign, and execute all necessary documents, applications, and returns for the purpose of giving effect to the aforesaid resolution along with filing of necessary e-forms with ROC.”

 

“RESOLVED FURTHER THAT the above referred resolution has been passed in accordance with the mechanism prescribed by the Ministry of Corporate Affairs vide General Circular No. 14/2020 dated 8th April 2020 and General Circular No. 17/2020 dated 13th April 2020 and in compliance with the applicable provisions of the Companies Act 2013 and rules thereof.”

 

2.        APPOINTMENT OF MR. _____________________ (DIN: _____________________)AS A DIRECTOR OF THE COMPANY

 

To consider and, if thought fit, to pass with or without modification(s), the following resolution as Ordinary Resolution:

“RESOLVED THAT pursuant to the provisions of Section 152,169 and other applicable    provisions of the Companies Act, 2013 and the Rules framed thereunder, Mr. _______________________ (Director Identification Number ____________________) be and is hereby appointed as Director of the Company with immediate effect.

 

“RESOLVED FURTHER THAT the Directors of the Company be and are hereby severally authorized to file the necessary forms with the Registrar of Companies, NCT of Delhi and Haryana, update the Register of Directors and to do all other necessary acts, things and deeds to give effect to the above mentioned resolution.”

 

“RESOLVED FURTHER THAT the above referred resolution has been passed in accordance with the mechanism prescribed by the Ministry of Corporate Affairs vide General Circular No. 14/2020 dated 8th April 2020 and General Circular No. 17/2020 dated 13th April 2020 and in compliance with the applicable provisions of the Companies Act 2013 and rules thereof.”

 

 

On Behalf of ___________________Private Limited

 

 

______________________________

Requisionist

 

Place: 

Date: _______________, 2021     

                                               


 

Notes:

1.       Amid the Covid 19 Pandemic, Extra Ordinary General Meeting of the members of the company will be held via video conferencing subject to the guidelines prescribed under Ministry of Corporate Affairs, Government of India, General Circular No 02/2021 dated 13th January,2021,General Circular no 20/2020 dated 5th May,2020 read with General Circular No(s) 14/2020 and 17/2020 dated 8th April,2020 and dated 13th April,2020 respectively, the companies have been allowed to conduct their Extra Ordinary General Meeting through the Video Conferencing (VC)/Other Audio Visual Means(OAVM) facility during the calendar year 2020 and 2021.

 

2.       The explanatory statement pursuant to Section 102 of the Companies Act, 2013 with regard to the special business mentioned above is enclosed.

 

3.       Members holding shares are requested to kindly notify the Company of any change in their addresses so as to enable the Company to address future communication to their correct addresses via email or through any other electronic mode.

 

4.       All the documents referred to in this Notice shall be made available as Annexure I in the link available shared by email for inspection by the Members along with this Notice.

 

5.       A Corporate Member intending to send its authorized representatives to attend the Meeting in terms of Section 113 of the Companies Act, 2013 is requested to send to the Company a certified copy of the Board Resolution authorizing such representative to attend and vote on its behalf at the Meeting via email.

 

6.       Members are allowed to pose questions before Meeting or during the meeting by sending email through their email addresses which are registered with the Company. The said emails shall only be sent to the Company’s designated email address as mentioned below:

               Designated email address: ______________________________________________

 

7.       Members shall cast their vote to convey their assent or dissent w.r.t to any particular item(s) by show of hands unless demand of poll is made during the meeting. Show of hands shall only me made at such stage when any particular item(s) is/are considered.

 

8.       In case of demand of Poll during the meeting, Members shall cast their vote to convey their assent or dissent by sending email through their email addresses which are registered with the Company. The said emails shall only be sent to the Company’s designated email address as mentioned below and only at such stage when any particular item(s) is/are considered.

               Designated email address: _________________________________________________

 

9.       Members are requested to join the meeting within the scheduled time. As the schedule to join the Meeting shall be as follows :

OPEN – 15 minutes before the scheduled time to start the meeting

CLOSE – After expiry of 15 minutes after the start of the meeting

 

10.   Members are requested to contact following mentioned helpline number/Contact number in case, if any assistance is required regarding the use of the technology before or during the meeting.

Name of Contact Person: Mr. _________________

Designation: Director

Contact No:+91 _________________________

 

11. The link of the meeting is as below;

___________________________________________________________________________________________

 


 

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF COMPANIES ACT, 2013

 

The following Statement sets out all material facts in relation to the Special Business mentioned in the accompanying notice:

 

ITEM NO.1

 

REMOVAL OF ______________________ AS A DIRECTOR OF THE COMPANY

 

As per Sec 100 of the Companies Act, 2013 read with relevant rules made thereunder, such number of members who hold, on the date of receipt of the requisition, not less than one-tenth of such of the paid up share capital of the company as on that date carries the right of voting, can call an extra ordinary general meeting of the company

 

The company, on _______________ 2021 received requisition and special notice as per Sec 115 of Companies Act, 2013 for convening an EGM to pass Ordinary resolution for removal of _______________________ (DIN: _______________________) attached as Annexure A (“the Requisition’) under the applicable provisions of Companies Act 2013 and the rules framed thereunder for convening an EGM from M/s ___________________________ (“The Requisitionist”), and the promoter of ________________________ Private Limited (“the Company”).  M/s ____________________________ (“The Requisitionist”) holds _________________________ Ordinary Equity Shares aggregating to __________% of the Company’s Voting Capital.

 

The requisitionist has provided the grounds for removal of _______________________ (DIN: _______________________) as Director of the company in their special notice as per Section 115 of Companies Act, 2013. A copy of Special notice submitted by the Requisitionist is attached with this notice with a view to provide relevant background concerning Item no. 1 of Special business to be transacted at EGM.

 

_______________________ (DIN: _____________________) was appointed as Director on the Board of directors on ______________________________.

Pursuant to Section 169(4) of the Act, the Director being sought to be removed has a right to make representation to the shareholders in the manner stated therein.  After the special notice under Sec 115 of the Companies Act, 2013, has already been given to ____________________________ (DIN: _____________________) and has been informed that if she intends to make a representation to the shareholders in respect of her removal, She may send the representation which can be circulated to the members of the company. If the time permits it to do so, requisitionist will circulate the written representation to the shareholders under Sec 169(4) of the Companies Act, 2013

It is to be noted that the management have lost their trust and faith from ________________________. Therefore, in collective wisdom, it has been decided to remove _____________________ as Director of the company. The management has felt that the removal of ____________________ was absolutely necessary for future well-being of the company. __________________’s conduct has caused enormous harm to the company and its stakeholders, including employees and shareholders.

 

__________________________, the existing Director of the company are in agreement with the requisitionist regarding the removal of _______________ as Director of the company as the same would be in best interests of the company.

 

Other than _________________________ (a Director of the Company), none of the other Directors or Key Managerial Personnel of the Company or their respective relatives is concerned or interested in the resolution as set out at Item No. 1 of the Notice

 

The matter is proposed to be passed by passing the ordinary resolution.

 

ITEM NO.2

 

APPOINTMENT OF _________________________ (DIN: ___________________) AS DIRECTOR OF THE COMPANY

 

 

The shareholders of the Company has proposed to appoint Mr. ______________ in place of _________________________________ being removed as Director under section 169(5) of the _________________ 2013 proposed by the Requisitionist in their special notice. A special notice in this regard has already been given to concerned person.

 

_____________________________ (DIN: ___________________) has given his consent to act as Director in Form DIR-2 and intimation Form DIR-8 pursuant to Rule 8 of the Companies (Appointment and Qualifications of Directors) Rules, 2014, to the effect that he is not disqualified to be appointed as director under sub- section (2) of section 164 of the Companies Act, 2013.

 

None of the Directors and Key Managerial Personnel of the Company and their relatives is concerned or interested, financial or otherwise, in the resolution.

 

The matter is proposed to be passed by passing the ordinary resolution.

 

On Behalf of _____________________________ Private Limited

 

 

_____________________________

_____________________________

 

 Place: 

 Date: ___________________, 2021            

                                               

               

 

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