According to Section 149(1) of the Companies Act 2013[1] (hereinafter the act of 2013), every company must have a board of directors that consists solely of individuals or natural persons and does not include any other legal entities or legal persons, and Section 152 defines the appointment of directors. However, Section 168(1) of the statute defines a director's resignation as a written
notice to the board of directors followed by due process. According to the terms of the legislation of 2013, a director is a person who is designated to undertake the duties and tasks of a corporation. Section 168(1) of the Companies Act 2013 allows a company director to resign from his or her position by giving written notice to the board of directors.
The process of registering your business is lengthy and involves numerous regulations.
Below is the procedure for appointment-
With the assistance of Legal Birbal's team of specialists, the appointment of the director and its procedure can be made simple. Legal Birbal assists and verifies the registration of directors' appointments and resignations, and we are ready to assist you as well. The corporation manages and guides the resignation, which is also given to the directors.
According to section 168 of the Companies Act 2013, the administration has no right to refuse a director's resignation.
Yes, he or she can resign own self from the company as per the rules of the company.
If this is the case, the promoter will assume command. If no promoter is found, the federal government will appoint temporary directors to run the company until new directors are recruited.
No, a DIN, or 'Director Identification Number,' is assigned for life and can thus be used indefinitely.
Need Help ?