Document background
The Removing A Director By Ordinary Resolution document is a crucial corporate governance tool used when shareholders wish to exercise their fundamental right to remove a director from the board of a Canadian corporation. This right is established under Section 109(1) of the Canada Business Corporations Act (CBCA) and similar provisions in provincial corporate statutes. The document is typically used when shareholders holding sufficient voting rights seek to remove a director outside of the normal election cycle, requiring only a simple majority of votes cast at a special meeting. It contains all necessary components for proper execution, including meeting notices, resolution text, voting procedures, and required regulatory filings. This document ensures compliance with Canadian corporate law while protecting both shareholder rights and proper corporate governance procedures.
