The number of Directors must at all times be within the minimum and maximum number of Directors as specified in the Constitution of the Co-operative.
Should a Director be expelled or a whole board of Directors be replaced with new Directors, this Office will do a verification process which will take a minimum of 14 working days, before the changes will be made on the CIPC database.
Directors are appointed for a term of office in terms of the Constitution of the Company. Should there be changes to the Board of Directors outside the term of office / during a financial year, the CIPC must be informed.
In order to effect changes to the board of directors, please follow these steps:
- Certified copies of all directors/members.
- Resolution letter on the companies letterhead stating the appointment of the new director (all directors to sign as approval)