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Terminate a mandate (Eg. director)

Learn how to terminate the mandate of a member (Eg. director or statutory auditor)

Keeping your governing bodies current is essential for maintaining accurate corporate records. Tracking the termination of a member of a governing bodies is a crucial aspect of this process.

Below you can find a step by step guide on how to terminate the mandate of a member of a governing body.

For detailed instructions, click 'Start tutorial' below.

 

Step-by-step:

  1. Go to the entity and click on 'Governance' to select the governing body.
  2. Click on 'Edit members'.
  3. Select the mandates that need to be terminated.
  4. Click on 'Terminate membership'.
  5. Complete the end date and click on 'Terminate membership'.
  6. Click on 'Save and execute', complete the decision date and click on 'Execute'.

 

You can also terminate all mandates for one person or legal entity in bulk. This allows you, for example, to terminate all the mandate of a single director across multiple entities in one action. During the bulk termination, you can choose to terminate all mandates on the same date. Click 'here' if you want to find out more information.