Revised Laws of Saint Lucia (2021)

73.   Removal of directors

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    (1)   Subject to section 71(g), the shareholders of a company may—

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      (a)     by ordinary resolution at a special meeting, remove any director from office;

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      (b)     where a director was elected for a term exceeding one year and is not up for re-election at an annual meeting, remove such director by ordinary resolution at that meeting.

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    (2)   Where the holders of any class or series of shares of a company have an exclusive right to elect one or more directors, a director so elected may only be removed by an ordinary resolution at a meeting of the shareholders of that class or series of shares.

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    (3)   Subject to section 71(b) to 71(e), a vacancy created by the removal of a director may be filled at the meeting of the shareholders at which the director is removed, or, if the vacancy is not so filled, it may be filled under section 75.