• US Legal Forms

Resignation Of Director Resolution In Fairfax

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

Description

The Resignation of Director Resolution in Fairfax is a formal document used to record the resignation of a director and corporate officer from a corporation in Fairfax. This resolution outlines the effective date of resignation and ensures proper corporate governance by documenting the decision in writing. It includes sections for pertinent details such as the individual's name, position, and the resignation's effective date. Users should fill in the specific names and dates as applicable, and ensure all signatures are obtained from relevant parties. This form is particularly useful for attorneys, partners, and corporate officers involved in corporate management and compliance. Paralegals and legal assistants may also utilize this form to facilitate the resignation process, ensuring all corporate records are up to date. The straightforward nature of the document ensures that even those with limited legal experience can understand and implement it effectively, upholding the corporation's legal obligations.

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FAQ

1. Notify your company secretary that a director wishes to resign. 2. Form 49, a letter of resignation, and a board resolution will be prepared by the company secretary.

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.

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.

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 ...

There is no such restriction. But you should first draft a resolution for appointment, then draft resolution for resignation of the director on the next day of appointment. File single DIR-12 for both resolutions and mention date of resignation resolution in the declaration at the end of Form DIR-12.

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 ...

Although no board resolution is technically required upon a director leaving office, it is best practice for a company to hold a board meeting to consider the notice of resignation and resolve and accept the resignation.

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.

“RESOLVED THAT the resignation of Ms./ Mr…………………………., Director of the Company, be and is hereby accepted with effect from the ……. day of the ……, 20…. "RESOLVED FURTHER THAT the Board places on record its appreciation for the assistance and guidance provided by Ms. /Mr. …………………………

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Resignation Of Director Resolution In Fairfax