A company may, by ordinary resolution, remove a director, not being a director appointed by the Tribunal under section 242, before the expiry of the period of his office after giving him a reasonable opportunity of being heard. Provided that nothing contained in this sub-section shall apply where the company has availed itself of the option given to it under section 163 to appoint not less than two thirds of the total number of directors according to the principle of proportional representation. A special notice shall be required of any resolution, to remove a director under this section, or to appoint somebody in place of a director so removed, at the meeting at which he is removed.
The Director intending to resign shall send notice in writing to the Company. The resignation of a director shall take effect from:
The director who has resigned shall be liable even after his resignation for the offences which occurred during his tenure.
The law has caste duty upon the Director Resigning, to File Form DIR- 11 (Company shall file form DIR 12) and
Our team of highly qualified professionals at Ask4compliance.com can help your business to Resignation of a Director of the Company as per provisions of the Companies Act, 2013.
Note: Electricity Bill, Bank Statement, Mobile Bill, Telephone Bill shall not be older than 2 months.