• US Legal Forms

Resignation Of Director Form Dir 12 In Collin

State:
Multi-State
County:
Collin
Control #:
US-0005-CR
Format:
Word; 
Rich Text
Instant download

Description

The Resignation of Director form dir 12 in Collin is a formal document that facilitates the resignation of a director from a corporation. This form records the resignation of an officer and director, providing necessary details such as the individual's name, the position held, and the effective date of resignation. It serves to legally acknowledge the departure of the director from their responsibilities within the corporation, ensuring compliance with corporate governance requirements. Key features include essential sections for signatures from the resigning individual and acceptance by the board of directors, which confirms the resignation. For filling and editing, users should complete the specified fields accurately, including the corporation's name and the date of resignation. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form when handling corporate governance matters, ensuring proper documentation of changes in corporate leadership. The form is particularly useful in scenarios of restructuring, personal decisions for resignation, or in preparation for further board actions following the director's departure. Overall, this form streamlines the procedure for directors wishing to resign, providing clarity and a professional approach to the legal obligations involved.

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FAQ

A director may resign from his office by giving a notice in writing to the company and the Board shall on receipt of such notice take note of the same and the company shall intimate the Registrar in such manner, within such time and in such form as may be prescribed and shall also place the fact of such resignation in ...

DIR 12 is still in STP mode only.

How to fill out the FORM DIR-12 - Appointment of Directors & KMP Details? Gather necessary company and director details. Complete required fields like CIN and director names. Double-check all information for accuracy. Submit the form as per the specified guidelines. Ensure to keep a copy for your records.

Submission of Form DIR-11 by the Resigning Director: The director who has resigned can send a copy of their resignation to the Registrar of Companies (ROC) using Form DIR-11 within 30 days from the date of their resignation. This submission should include: The resignation notice that was submitted to the company.

The Company must also file Form DIR – 12 with the Registrar within 30 days of the date of resignation. The effective date of resignation here will be the latest of: – The date on which the notice is received by the company. – The date specified in the notice.

For reappointment to a different designation, DIR-12 must be filed for the new designation. The reappointment of MD, WTD, and Manager requires the filing of additional forms, namely MGT-14 and MR-1. Stakeholders can verify the reappointment of directors by inspecting the eForm MGT-14 and MR-1.

Section and Rule Number(s) eForm DIR-12 is required to be filed pursuant to Sections 7(1) (c), 168 & 170 (2) of the Companies Act, 2013 and Rule 17 Of Companies (Incorporation) Rules , Rule 8, 15 & 18 of Companies (Appointment and Qualification of Directors) Rules, 2014 which are reproduced for your reference.

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Resignation Of Director Form Dir 12 In Collin