Roc compliance for director resignation

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Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2014 What forms are required to be submitted to ROC for director resignation.

Director was also holding 25% share capital, which has been settled by remaining directors. Company is private limited with 3 no of directors and 1,00,000 capital.

CA Surendra Bhatt (ACA,DISA)

CA Surendra Bhatt (ACA,DISA) (Expert)

24 March 2014 Form No. 32.

Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2014 what to do for transfer of share.
Is anything needs to be done

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

22 July 2025 For director resignation in a private limited company, the following ROC compliance is required:

Director Resignation ROC Filing:
Form to be filed: Form DIR-12

Timeline: Within 30 days from the date of resignation

Attachments: Resignation letter of the director and board resolution accepting resignation.

Regarding transfer of shares:
Share Transfer Process:

Prepare a share transfer deed (Form SH-4), signed by both transferor (resigning director, who is shareholder) and transferee.

The company’s Board must approve the transfer (Board resolution).

Update the Register of Members and issue a new share certificate to the transferee.

Cancel the old share certificate held by the transferor.

ROC Filing:

No direct ROC filing is required for share transfer, but the company must file the Annual Return (Form MGT-7) and Financial Statements (Form AOC-4) reflecting updated shareholding.

If shares are transferred before the Annual Return filing, the updated details will be reported there.

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