Resignation of director
This query is : Resolved
Pranay Patel
(Querist)
27 January 2017
There are three directors in a private limited company, two of them wants to resign from the company. Can they do so? If yes then what will be the best possible way to do the documentation?
27 January 2017
Do as follows if AOA permits.
1. Appoint another individual as 'additional director'.
2. Then existing two directors may resign.
1. Appoint another individual as 'additional director'.
2. Then existing two directors may resign.
Pranay Patel
(Querist)
27 January 2017
Sir, there is no one to appoint.
28 January 2017
Then section 172 will attract.
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