I became a director of a private limited company in India in 2013 and I live in the UK. The company never traded and not had any assets or liabilities. There are 2 directors (myself and the local Indian Director). I can no longer locate the other Director and he is no longer with the company he used to work for. I have sent emails to his personal email id and no response. If I could locate the other Director, we could jointly de-register this company. However, without the other Director I cannot de-register the company.
Is there any way, I can resign from the company Directorship? If so, what forms and documents do I need to submit to ROC?
Given that India now allow One Director company, if I resign from this company Directorship, will the company automatically become One Director company?
Any assistance will be much appreciated.
CAclubindia
