Resignation of whole time director

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Querist : Anonymous

Querist : Anonymous (Querist)

31 December 2013 If any one director gives resignation from his directorship than company need to file form no 32. But my question is that whether company need to show this transaction in board meetings minutes ?

Nitin Bhuta

Nitin Bhuta (Expert)
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01 January 2014 yes approved board resolutions needs to be kept on record with proper documentation

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Querist : Anonymous

Querist : Anonymous (Querist)

01 January 2014 suppose director resign on 1st January than we need to call board meeting within one month or after one month ?
and sir also tell me if our board meeting suppose to held on 10th february then is it advisable to give effect of such transaction in that meeting ?

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Ankur Garg

Ankur Garg (Expert)
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02 January 2014 In case of resignation of WTD, kindly refer your Articles.

Acceptance of resignation by board is necessary in case of executive directors. So it is advisable to cover the resignation in minutes.

Regards