Director resignation form private limted comapny
This query is : Resolved
26 January 2016
Sir,
In a private limited company there are 5 director out of that 2 director (M.D & Add.Director) wants to resignation them-self due to not concentrate another company.
My query is as per exemption for private limited company notification 5th June 2015 Section 196 (4) & (5) appointment of MD & Director of company shall not apply.Hence I think that we need not file DIR - 12 to ROC. whether my view is correct or incorrect.
In case if it is incorrect then let me inform what are the procedure has to follow.
In a private limited company there are 5 director out of that 2 director (M.D & Add.Director) wants to resignation them-self due to not concentrate another company.
My query is as per exemption for private limited company notification 5th June 2015 Section 196 (4) & (5) appointment of MD & Director of company shall not apply.Hence I think that we need not file DIR - 12 to ROC. whether my view is correct or incorrect.
In case if it is incorrect then let me inform what are the procedure has to follow.
26 January 2016
If a director resigns, he/she has to e-file DIR 11. Company,in turn, has to e-file DIR-12 to complete the resignation.
27 January 2016
Yes, Agreed. MOREOVER, DIR - 11 is the personal responsibility of the director who resigned and DIR-12 is the responsibility of the company which both have to comply within the period of 30 days without any additional fees from the date of resignation
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