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RESIGNATION OF DIRECTOR
@ Rs 2,999
HOW IT WORKS
MINIMUM REQUIREMENTS
- Resignation Letter from the Director.
- Date from which the resignation is effective.
FAQs
Yes, a director can voluntarily resign. The notice of resignation must be served to company stating reason of resignation. Also, the resigning director needs to file a form for intimation to MCA about his resignation from company.
In order to remove a director from a Company, the directors shall conduct a meeting of members for their consent after serving special notice in this regard. The exiting director must be given an opportunity to represent his grounds.
Removal of Director is a forceful act of removing the Director by the Company whereas resignation is a voluntary process initiated by the Director himself
No. First an Additional Director has to be appointed and then resignation can be initiated.