procedure for resignation of directors/promoters


This query is : Resolved 

(Querist)
18 June 2011 please provide as earliest the procedeure for retiring the director form the pvt. ltd. co. and we have to reimburse their share contribution.
please do the needfulllllll.

thanks

regards

Ankit patel

19 June 2011 Directors have to resign and their resignation can be accepted in a board meeting. Form 32 is to be filed with ROC in respect of above.

As regards reimbursement of their share contribution, their shares have to be purchased by remaining promoters as per procedure laid down in the Articles of the particular pvt ltd company

ankit (Querist)
28 June 2011 thanks sir


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