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In this video tutorial on company transactions for SMEs, the focus is on how to remove a director or shareholder. It's noted that in many SMEs, directors and shareholders are often the same individuals, making removal challenging. Several methods exist for this process, including reviewing the company’s articles of association to determine the procedure for removal. A director can be removed at a shareholders’ meeting with 28 days' notice and a required majority of 51%. Potential complications involve the chairperson's casting vote. Additionally, the company may pursue action against a director for breaches of their duties, potentially leading to claims for financial reimbursement to the company.