Change of Director

“Directors, appointed by shareholders in accordance with the Companies Act, 2013, are entrusted with the effective management and oversight of the company. Their legal duty is to prioritize the best interests of the company and its shareholders, striving for its success, profitability, and a positive public image.
Changes in a company’s leadership are a common occurrence and can happen at any time, driven by either voluntary decisions or pressing needs. Such changes may arise due to the requirement for specialized expertise on the board, a director’s resignation, or the unfortunate passing of an incumbent director.”