Director of the Company can be removed in two situations either by the Company or volentary removal (Resignation) by the Director.
Under Removal the Director is removed by a company by passing ordinary resolution whereas under resignation the Director volentarily gives resignation and presents a wish to resign. Form DIR 12 is required to be filed within 30 days of cessation with attachment Resolution passed for cessation and Resignation of the Director.
Arrange and provide list of documents as per the checklist shared.
Recieving the resignation from the ougoing Directot.
Pass Board resolution for cessation.
Form DIR 12 for cessation within 30 days of passing resolution
An individual appointed to manage and take business decisions of the Company is Known as Director and group of directors collectively form Board of Directors.
No removal and resignation are two seperate situations Under Removal the Director is removed by a company by passing ordinary resolution whereas under resignation the Director volentarily gives resignation and presents a wish to resign.
No the Director can only be removed with approval of shareholders and hence Directors can't remove other Director themselves.
Form DIR 12 is required to be filed within 30 days of cessation with attachment:
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