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Hi, Thank you for your question and welcome. My name is ***** ***** I will assist you. A shareholder can bring an action in the name of the company for any breach of director duties under S.260 of the Companies Act 2006 - known as a derivative action. The actual punishment detailed under S.291 is a criminal punishment so this would actually be a matter for the police. It would however have to be a particularly serious breach of this section to secure a successful prosecution. Can you provide me with any facts? Kind regards AJ
Hi, Thank you. Have all the shareholder received notice of the meeting? Do you have enough support to remove the board of directors? Kind regards AJ
Hi thank you. In order to remove a director you only need an ordinary resolution. That may be a more straight foward process - do you have support of 51% of the voting members/shareholders. Kind regards AJ