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Leon
Leon, Solicitor
Category: Australia Law
Satisfied Customers: 43498
Experience:  BEc Dip Ed, Dip Law (SAB) MTax (UNSW)
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Can i remove a director of a company due to him stealing

Customer Question

can i remove a director of a company due to him stealing money
JA: What state are you in? It matters because laws vary by location.
Customer: ACT
JA: Has anything been filed or reported?
Customer: Not yet, only just found out, he knows we know and has admitted to it
JA: Anything else you want the lawyer to know before I connect you?
Customer: not really, we think he will resign but we would prefer to remove him immediately
Submitted: 4 months ago.
Category: Australia Law
Expert:  Leon replied 4 months ago.

My name is ***** ***** I am a NSW Solicitor. I will do my best to assist you with your question.

Expert:  Leon replied 4 months ago.

Good Afternoon

It is a criminal offence and if you are the main share holder you can have him removed. Also report him to ASIC as this is a breach of his duties and they will prosecute him and you can tell the police as well.

I hope this makes sense and is of assistance. If there is nothing further

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If I have missed anything, or you have any further questions please let me know

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Regards

Leon