Stephen Burns and Katie Bewick write for Growth Business on the options available for appointing a new director after a company dispute
Director appointments are typically straightforward and uncontentious, but the situation can be less clear if there is a deadlocked board or an underlying dispute between directors and/or shareholders.
The ability to appoint a new director by either shareholders or directors can be a powerful tool to break any deadlock in a company.
In an article for Growth Business, Stephen Burns, Partner, and Katie Bewick, Senior Associate, explore some of the ways that additional directors can be appointed if there is a company dispute.
They cover:
- The role of the board and shareholders in decision-making
- How many directors can, or must, a company have?
- What is the procedure for appointment of directors?
- How the shareholders can call a general meeting
- Potential limitations
- Related formalities and registration requirements
Read the full article in Growth Business here.