Resignation of director before first board meeting

Pvt ltd 375 views 6 replies

If a first director of a newly incorporated pvt ltd. want to resign before first board meeting, can the director resign? if the director can resign, does the director need to submit disclosure of interest in MBP-1 to the company ?
Please help.

 

Replies (6)

MBP1 is to be obtained at the time of incorporation.

 

Further, ye he may resign.... and the remaining director will appoint new director only for the purpose to fulfull the quorum.

I dont know much about MBP-1, MBP-1 format is available online,so i can just download from there and fill up and send to the company by email,right? sir, do you mean I have to mail it to the company before giving my resignation ?

There are two other directors in the company.

Thanks for answering.

Form MBP1 is for disclosure of interest wherein you have to write the name of the Body Corporate, relation and shareholding, if any.

Further, for resignation this is not required.

Sir, as mbp-1 is to be submitted at first board meeting of a newly incorporated company and I have resigned before first board meeting, is it necessary to send the mbp-1 to the company ?

Not required........

Thank you so much for helping.


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