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