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    Resignation of Additional Director before Tenure

    Posted By : SARIKA / Published on : 01-Jul-2022 08:31 AM / View : 186 / Comment : 0

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    As per 161. (1) The articles of a company may confer on its Board of Directors the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an additional director at any time who shall hold office up to the date of the next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier.

    But Additional Director would like to resign from the board before AGM so can he do that and if yes then under which section DIR-12 will be filed ?
    Read more on : tenure before director additional resignation

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