Resignation of director


This query is : Resolved 

14 May 2018 Hii,

the company has 3 director having 33% shares each.
now 1 director want to resign.
what is the procedure to allot his shares to other director

14 May 2018 Transfer the shares of resigned director to the other two directors.
Please refer --
+ section 56 of companies act,2013
+ rule 11(1) of co's (share capital & debenture) rules,2014 and
+ form SH-4.


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