All Directors resign


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When all directors of a company resign simultaneously, it raises questions about who can sign the board resolution to accept these resignations, as a company cannot technically exist without directors. The consensus is that this situation is problematic and could lead to the company's dissolution. It's recommended to consult with a Chartered Accountant (CA) and Company Secretary (CS) for guidance. A practical approach suggested is for directors to resign one by one, allowing the remaining director to appoint new ones before their own departure.

22 December 2023 Who should sign the Board Resolution for accepting the resignation of all the directors (incl Authorised Director)?

RAJA P M (Expert)
23 December 2023 If all directors is resign then the company is dissolved... So, its not possible...

RAJA P M (Expert)
23 December 2023 better to consult Your CA and CS...

RAJA P M (Expert)
23 December 2023 They can resign one by one... end of the person can appoint new directors then he can resign...


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