Resignation of a director in private company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2012
Does the resignation of the Director requires boards approval?Can form 32 be filed without the acceptance of the board in the board meeting?
03 January 2012
Dear Member,
The rule is that we have to file Form 32 within 30 days of the resignation of the Director. In between we can hold a Board Meeting in which resignation can be considered. But, Board is having no authority to approve or disapprove resignations.
The rule is that we have to file Form 32 within 30 days of the resignation of the Director. In between we can hold a Board Meeting in which resignation can be considered. But, Board is having no authority to approve or disapprove resignations.
03 January 2012
Once director has resigned and communicated his resignation to the company, his roll is over.
Now it is the responsibility of the company to convene a Board meeting and authorise any director to file form 32 for cessation of director. generally company also passes a resolution as to accept the resignation from such director.
Now it is the responsibility of the company to convene a Board meeting and authorise any director to file form 32 for cessation of director. generally company also passes a resolution as to accept the resignation from such director.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
