Pvt ltd company director resignation

Pvt ltd 879 views 2 replies

three family members as directors in pvt ltd company- one promoter director with 50% shareholding wants to resign- 

Q.1: can he remain shareholder with same % after resignation??/

Q.2 if no, how can he transfer his shares to another director and if any additional payment has to be made other than face value of his shares??

Replies (2)

Yes, he can remain a shareholder even after resigning from directorship...

yes, ramesh the resigning director can continue with his shareholding in the company.


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