Commercial Law

All You Need To Know About Appointing A New Director For Your Company

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All You Need To Know About Appointing A New Director For Your Company

One of the most prominent and important roles within a company is a director, and the appointing of new directors to any company must be conducted lawfully, which is why commercial lawyers should be approached to ensure that the correct legal process is followed.

A change of director can occur for several reasons such as retirement, relocation, new shareholders and thus control of the business changing, or the business expanding and therefore a need for more directors to help manage it.

Whatever the reasons might be, the removal or appointment of any director must be done within ASIC regulations as well as commercial and company law. Read on to find out all you need to know if your company has any imminent director changes.

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