A director is appointed by the shareholder(s) to help run a company ie doesn't own any of the company. The shareholder(s) own the company and appoint/remove directors. A director who is not a shareholder has a right to do his/her duties until removed from being a director.
The rights and responsibilities of a director are specified under:
These are in descending order of importance AFAIK and there should (can?) never be conflict between them.
- Company Law
- Memorandum and Articles of Association of the company concerned
- The director's contract with the company