Companies Act, 2019 (Act 992)

Section 175 - Vacation of office of director

(1) The office of director shall be vacated if the director

(a) becomes incompetent to act as a director by virtue of section 173,

(b) ceases to hold office by virtue of section 174, or

(c) resigns from office by notice in writing to the company.

(2) The constitution of a company may provide for the termination or vacation of office in circumstances additional to those specified in subsection (1).

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