Advertise With Us

    can resigantion of director be taken through circular resolution

    Posted By : Shreya Maheshwari / Published on : 06-Aug-2019 11:09 AM / View : 1050 / Comment : 1

    Print button
    Respected Professionals

    can resigantion of director be taken through circular resolution ???

    kindly advice.
    Read more on : circular resolution through taken director resigantion

    • According to Section 168 of the Companies Act, 2013, the resignation of a director from a company must be given in writing to the company and the Board of Directors. A circular resolution is not a valid method for accepting the resignation of a director as it does not satisfy the requirement of written communication.

      However, a circular resolution can be passed to authorize a director or any other person to sign and submit the resignation letter on behalf of the resigning director. Once the written resignation letter is submitted, the Board can accept it through a circular resolution or in a Board meeting.

      It is important to note that the Board of Directors should promptly consider the resignation letter and pass a resolution accepting it to avoid any delay in updating the records with the Registrar of Companies. The resignation should be filed with the Registrar of Companies within 30 days from the date of resignation using Form DIR-11.

      28-03-2023 / 12:10:25 PM
    Please Select File:

Other Queries from Shreya Maheshwari
Unanswered Queries
Like us on Facebook
Follow Us on Twitter

We are always here to help you. Don’t hesitate to contact us anytime!

+91-9988424211 or