This Ministry has received sevcral rspresentations about the difficulties fbced by stakeholders due to deactivation of Digiral signature certificate (DSC) following en masse resignation of all thc directors of a company before appointment ofnew direotors in their places. Thc difliculty arises because ofautomatic dcaativation ofDSC on firing o1,DIR-11 (Notice 01'resignation ofa direcror to the Rcgisftar) by the resigncd/resigning Director (s), and nonc of the ncw Director's details having been filed. As a result, l'orrn DIR-12 (Particulars ofappointment ofdirecto$ and the key managerial penonnel and the changes among then) cannot be filed by a company due to lack ofan authorized signatory director.
Pease find the attached file for details
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Notification No : 03/2016Published in Corporate Law