I have a friend who is a Director (Member) of a local charity group.
They have just been informed that they have had their directorship terminated due to the fact that the Charity is only allowed a set number of directors at any one time - something to do with Charity rules.
There was no meeting called and they were informed by text. What I wanted to know is was this legal or do the rules change if it's for a charity.
Any information would be great, this is not a work question - but as normal as I understand a little about Ltd Companies i've been collared.
were they being paid for their position as a director?
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Without payment there is no contract so I don't believe that your freind has much of a case but it could still be worth popping along to citizens advice for some proper legal advice. (This is usually used the other way around for people to walk away).
Has your freind got the loan in writing? Would hate for the charity to claim it was a donation!
Could that be the real reson that they gave him the push in order to steal the loan? probably not but just throwing it into the mix for consideration.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.