Transfer share and resignation by director

Resigning Director and Buyer of shares should execute share transfer in form SH-4, See that minimum number of two shareholders criteria is complied for private limited companies after transfer of shares.

Take Resignation letter from Director and take note of resignation in Board meeting and File Form DIR-12 and DIR-11.

DIR-11 needs to be filed by resigning director.

DIR-12 Needs to be filed by Company (Attachments are 1. Extract of Board Resolution and 2. Resignation Letter.

@ Nidhi if that director  holds shares in benificail interest capcity or on behalf any other company, you can easily transfer such shares to another person  by filing eform MGT-6.