• US Legal Forms

Resignation Of Director Cipc In Virginia

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

Description

Form with which the board of directors of a corporation accepts the resignation of a corporate officer.


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FAQ

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.

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 ...

Director resignations must be submitted to CIPC and can be filed directly through InfoDocs. Resigning a director requires submitting a director change or amendment (COR39) to the Companies and Intellectual Property Commission (CIPC) and preparing the relevant supporting documents.

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.

A. Unless the articles of incorporation or bylaws provide otherwise, a board of directors may create one or more committees and appoint members of the board of directors to serve on them. Each committee shall have two or more members, who serve at the pleasure of the board of directors.

A board of directors may remove any officer at any time with or without cause and any officer or assistant officer, if appointed by another officer, may likewise be removed by such officer. Election or appointment of an officer shall not of itself create any contract rights in the officer or the corporation.

§ 46.2-869. Improper driving shall be punishable as a traffic infraction punishable by a fine of not more than $500.

In the letter, mention that you want to resign, specify when (usually at least two weeks ahead), and say why you are leaving. Consult your shareholders' agreement: A director who is also a shareholder must review the shareholders' agreement to see if it requires transfer of shares or other procedures/steps to take.

More info

The purpose of this document is to demostrate the steps to Resign a Director. The topics that will be presented are: • Resignation, removal, deceased and retired Company Directors.Director resignations must be submitted to CIPC and can be filed directly through InfoDocs. This requires the director to have a registered profile with CIPC. It is SPP RE's policy and practice to obey the antitrust laws and to avoid all conduct that unreasonably restrains competition.

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Resignation Of Director Cipc In Virginia