Managing Director Resignation


This query is : Resolved 

Quick Summary
This discussion clarifies the correct procedure for filing a Managing Director's resignation in an unlisted public company. It confirms that only Form DIR-12 needs to be filed for a change in designation or resignation from the post of Managing Director. Filing E-Form MGT-14 is not required in this specific scenario.

(Querist)
20 August 2020 Hi,

Is it required to file E-Form MGT-14 in case of Resignation of Managing Director in Unlisted Public Company. If yes then what Section selected in MGT-14.
Please suggest it ?

c.bakshi (Expert)
21 August 2020 NO, ONLY DIR-12 NEEDS TO FILED FOR CHANGE IN DESIGNATION/RESIGNATION FROM THE POST OF MD

MOHIT TANK (Querist)
21 August 2020 He completely Resign from the Company. So, in this case DIR-12 is enough ?


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