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Resignation of a Director in a Company
A director in a company may wish to resign or the board of directors may wish to remove the director for a number of reasons. The directors of a company can also resign from the board by filing a resignation letter with the company and with the same informing the ROC. Here, we will take a look at the procedure that a director needs to follow in case of resigning from the post of director.
Director’s notice of resignation to the company
A director can resign from the company after giving notice in writing to the company. The Board is required to notify the ROC of this notice as DIR-12 within 30 days. If the Director so desires, he may also send a copy of the resignation letter to ROC along with the reasons for resignation using Form DIR-11. Here is the format of the resignation letter of a director:
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