A VC NOTE ON RESIGNATION OF DIRECTOR IN PRIVATE LIMITED COMPANY|Venture care

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A VC NOTE ON RESIGNATION OF DIRECTOR IN PRIVATE
LIMITED COMPANYVenture care
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A director may resign from his office by giving
a notice in writing to the company. DUTIES OF THE
BOARD OF DIRECTORS ? The Board shall place the
resignation letter in the meeting and pass a
resolution for the same and record it in the form
of minutes. ? The company will file DIR-12 with
Registrar of Companies within 30 days from the
date of resignation. ? The company is also
required to mention about the resignation in the
Board Report of the Company. Resignation will
take effect from the date on which the notice
is received by the company or the date if any
specified by the Director in the notice whichever
is later. DUTY OF THE RESIGNING DIRECTOR The
director shall forward a copy of his resignation
letter along with the reasons for resigning
in Form DIR-11 with the Registrar of Companies
within 30 days of resignation. Note If you have
any query or question please comment in the
comment box blow or contact us. We would love to
help you.
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