Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Resignation Of Director Resolution In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-0005-CR
Format:
Word;
Rich Text
Instant download
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“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. …………………………
Tell your fellow directors you want to resign 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.
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.
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.
Generally, a new director must be appointed by the shareholders of a company. A new director may be appointed by the board of directors using a Directors' Resolution to Appoint Director(s) and/or Acknowledge Resignation of Director(s), subject to re-appointment by shareholders at the next general meeting.
(1) A company may by ordinary resolution at a meeting remove a director before the expiration of his period of office, notwithstanding anything in any agreement between it and him.
“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. …………………………
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 ...
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Within 14 days of the resolution, you must inform Companies House of the director's removal. Resolutions of the board of directors electing directors to fill director vacancies to be inserted into board minutes or a form of unanimous written consent.A director is also entitled to submit to the corporation a written statement outlining his or her reasons for opposing any proposed action or resolution. Anyone convicted of these offences may also be disqualified from being a director for up to 15 years.
