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Resignation of Directors

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(Querist)
19 January 2008 There are 3 directors in a company, out of which 2 directors want to resign, any how. There are certain, disputes among them and 2 of them don,t want to remain on board, on any cost. How to proceed.
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R.V.RAO

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R.V.RAO (Expert)
19 January 2008 FOR A PVT. LTD COMPANY MINIMUM 2 DIRECTORS ARE SUFFICIENT AND FOR A PUBLIC LTD. CO. MINIMUM 3 DIRECTORS REQUIRED, .ALSO REFER THE CO. ARTICLES OF ASSOCIATION.
SO FIRST YOU INDUCT NEW DIRECTORS WHO WILL CONTINUE AS PER ABOVE MINIMUM STIPULATION AND FILE FORM 32 FOR THE INDUCTIONS . THEN LET OTHERS (WHO WISH TO) QUIT.THEN FILE FORM 32 FOR RESIGNATIONS
R.V.RAO
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