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This video discusses the process of removing a director or shareholder in an SME. It can be difficult, as directors and shareholders are often the same individuals. Different legal roles must be considered, such as director, employee, and shareholder. The articles of the company should be checked to see if they provide for director removal. A director can be removed at a shareholder meeting with 28 days notice and a 51% majority. The company could also seek to remove a director for breaching their duties, potentially leading to a claim for repayment.
