Regarding pvt ltd co.

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06 September 2012 There is a pvt. ltd. co. There are 4 members & a ll 4 are also are the Directors of the co. Now out of his 4, 2 members want leave this company.Means they are not interested to carry on.. So what they can do?

I think first of all they have to give resign from the directorship & then they have to transfer their shares to remaining members. my thinking is right?

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Guest (Expert)
06 September 2012 Yes Mr. Thakkar, you are absolutely right.

1. File form 32 for resignation of directors.

2. Execute form 7B for transfer of shares.

06 September 2012 Hi

Agree with expert.

You can take any option in order. You can take resignation letter from director and thereafter you can take transfer documents from him to comply the provisions of the Companies Act, 1956.




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