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Resignation Of Directors


Resignation of Directors is the process through which a director formally steps down from their position on the board of a company, following the proper legal and corporate procedures.

Details

The resignation of a director from a company is a formal process governed by the Companies Act, 2013. It is essential to follow proper procedures and file necessary documents with the Registrar of Companies (ROC) to ensure compliance and avoid legal complications. eFiling Guru offers comprehensive services to help companies and directors manage the resignation process smoothly and efficiently.

Why Opt for Director Resignation Services?

Resignation from the post of director requires the submission of specific forms and documents to the ROC within the stipulated time frame. Failure to do so may result in penalties and non-compliance issues. eFiling Guru ensures that the entire process is handled with precision, from drafting the resignation letter to filing necessary forms.

Key Benefits of Director Resignation Services

  1. Legal Compliance: Ensure that all legal requirements are met for smooth resignation.

  2. Timely Filing: File necessary forms within the prescribed period to avoid penalties.

  3. Documentation Support: Draft resignation letters and board resolutions accurately.

  4. Expert Assistance: Professional guidance throughout the resignation process.

Eligibility for Director Resignation

  • Resignation Letter: A formal resignation letter addressed to the company.

  • Board Resolution: Approval of resignation by the Board of Directors.

  • Form DIR-11: Filing of Form DIR-11 by the resigning director with the ROC.

  • Form DIR-12: Filing of Form DIR-12 by the company to update the resignation.

Post-Resignation Compliance

  • Update ROC Records: Ensure that the resignation is reflected in the company’s records.

  • Public Notice: In some cases, publish the resignation notice in newspapers.

  • Company Records Update: Update the register of directors and key managerial personnel.

  • Avoiding Liabilities: Clearly mention the date of resignation to avoid future liabilities.

Our Resignation Process

  1. Consultation: Understand the reason for resignation and gather necessary details.

  2. Drafting Resignation Letter: Prepare a well-drafted resignation letter for submission to the company.

  3. Board Resolution: Draft and finalize the board resolution accepting the resignation.

  4. Form Filing: File Form DIR-11 and Form DIR-12 with the ROC.

  5. Compliance Verification: Ensure all documentation and filings are accurate and complete.

Get professional assistance for a smooth and hassle-free resignation process with eFiling Guru. Contact us today!

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