Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Filing of Form DIR-12: The company must then file Form DIR-12 with the Registrar of Companies (ROC). This form serves as a notification of the director's resignation or removal, including cases where the position is vacated due to absence from meetings.
Inform the other directors of the company and let them know of your resignation in writing. Inform other stakeholders including clients, partners and suppliers, and ensure they have a new point of contact. Let Companies House know about your resignation by filing the relevant information.
A director may resign from his office by giving a notice in writing to the company and the Board shall on receipt of such notice take note of the same and the company shall intimate the Registrar in such manner, within such time and in such form as may be prescribed and shall also place the fact of such resignation in ...
Inform the other directors of the company and let them know of your resignation in writing. Inform other stakeholders including clients, partners and suppliers, and ensure they have a new point of contact. Let Companies House know about your resignation by filing the relevant information.
One way is to write a letter to the board and ask to read it out loud at your final board meeting. The board should include your letter as part of the board meeting minutes. The other way is to follow the chain of command. Tell the board chair first, then the executive director and then the whole board.
Ideally this should take the form of a written notice, either left at or send to the company's registered office, stating your intention to resign and the date this is to be effective from.
C. To enable the market regulator to track the instances of critical issues which would demand attention. The amendment also stipulated that an Independent Director must give a resignation letter that clearly outlines their reasons for leaving, with the requirement that the letter include no more information.
No minimum period of notice is required unless otherwise provided. Giving notice must therefore be considered carefully.
The Company must also file Form DIR – 12 with the Registrar within 30 days of the date of resignation. The effective date of resignation here will be the latest of: – The date on which the notice is received by the company. – The date specified in the notice.
(1) The resignation or removal of an independent director shall be in the same manner as is provided in sections 168 and 169 of the Act.