Remove managing director and review liability, gesellschafterstreit-anwalt.at

Why this focus matters now

When the managing director damages the company, empties accounts or poaches customers, removal must be fast and legally sound. For cause, it is possible even without a majority when the conduct is severe enough.

Critical clause and conflict points

Formal requirements are critical: shareholder resolution, court removal, register filing and safeguarding of signatory powers. In parallel, liability for damages has to be reviewed.

How to prepare

For the removal, gather minutes, evidence of specific breaches, bank records and a strategy for handing over to an interim managing director.

Review checkpoints

Prepare and minute the shareholder resolution in due form.

Inform the register court quickly and adjust signatory powers.

Change bank accounts, digital access and powers of attorney immediately.

Assess personal liability of the removed managing director separately.

Frequently asked questions

Can removal have immediate effect?

Yes, for cause the effect can be immediate, but the register update takes time.

What happens with bank authorisations?

They are not automatically revoked; they must be actively withdrawn and reissued.

This information is initial orientation and does not replace legal advice in an individual case. No deadline, success or cost guarantee.