• US Legal Forms

Resignation Of Director Form Dir 12 In Dallas

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

Description

The Resignation of Director Form dir 12 in Dallas serves as an official document for an individual to resign from their position as a director and officer of a corporation. This form captures essential details such as the name of the resigning individual, the corporation's name, and the effective date of the resignation. It includes signature lines for both the resigning individual and the corporation's Board of Directors, ensuring formal acceptance of the resignation. Completing this form is vital for maintaining accurate corporate records and compliance with Texas corporate regulations. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, enabling them to manage director transitions smoothly. The instructions for filling out the form are straightforward: provide the required names and details, sign where indicated, and ensure that the Board's acceptance is documented. This form is essential in situations where directors must step down for personal reasons, thus allowing corporations to enact timely governance adjustments.

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FAQ

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.

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.

Section and Rule Number(s) eForm DIR-11 is required to be filed pursuant to Section 168 (1) of the Companies Act, 2013 and Rule 16 of Companies (Appointment and Qualification of Directors) Rules, 2014 which are reproduced for your reference. Section 168(1):

Inform Companies House of the resignation To inform Companies House and terminate the appointment of a company director, you need to submit a Terminate an appointment of a director (TM01) form to companies house. This can be done online.

Ideally this should take the form of a written notice, either left at or send to the company's registered office, stating your intention to resign and the date this is to be effective from.

Inform the other directors of the company and let them know of your resignation in writing. Inform other stakeholders including clients, partners and suppliers, and ensure they have a new point of contact. Let Companies House know about your resignation by filing the relevant information.

Filing of Form DIR-12: The company must then file Form DIR-12 with the Registrar of Companies (ROC). This form serves as a notification of the director's resignation or removal, including cases where the position is vacated due to absence from meetings.

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Resignation Of Director Form Dir 12 In Dallas