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Resignation of a Director
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Inside Resignation of a Director
Director Resignation
A director can resign by submitting a written notice to the company and intimating the ROC within specified timelines.
Director's Obligations
- Submit resignation letter to the Board
- File Form DIR-11 with ROC within 30 days (optional)
- Provide detailed reasons for resignation
- Resignation effective from date received by company or specified date
Company's Obligations
- Board to accept resignation via resolution
- File Form DIR-12 with ROC within 30 days
- Mention resignation in Director's Report
- Update company website
Documents Required
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