Resignation of director

Thanx a lot sir... can u provide me resolution in dis regard? Regards, Seema

Resignation of Mr. ----- from the office of Director: Mr. -------, Director of the Company expressed his inability to continue as Director of the Company. He tendered his resignation letter before the Board of Directors. Thereafter the following resolution was passed unanimously

“RESOLVED THAT the resignation submitted by Mr XYZ, as Director from the Board of Directors of the Company with effect from _________, be and is hereby accepted”

“RESOLVED FURTHER THAT the invaluable contributions made by Mr X as the Director of the Company be and is hereby taken on record”

RESIGNATION OF DIRECTOR:

The Chairman placed before the Board resignation letter of Mrs. ____________. The Board appreciates the valuable services and guidance given by Mrs. ______________ during her tenure as director of the company. The Board considered, discussed and accepted the resignation of the director with immediate effect and the following resolution was passed in this regard:

“RESOLVED THAT resignation of Mrs. __________________ as the Director of the company be and is hereby accepted with immediate effect.”

“FURTHER RESOLVED THAT any one director of the Company be and is hereby authorized to file Form No.32 with ROC, Rajasthan, Jaipur and to sign all necessary documents for the same.”

Please provide me format for :

1. Resignation of a Director & Transfer of Shares.

2. Induction of new director

TRANSFER OF SHARES

Chairman placed before the Board Share Certificates along with duly executed and stamped share transfer deed for transfer of 28,000 Equity Shares. The Board scrutinized the papers and it was unanimously resolved as under:

"RESOLVED THAT approval be and is hereby given to the under noted share transfer:

“RESOLVED FURTHER THAT necessary entries in connection with the transfer of shares of the Company be made in the Register of Members maintained u/s 150 of the Companies Act, 1956 as well as in all the relevant records of the Company. Further necessary endorsement regarding transfer of shares be made in the share certificates received along with the Form No. 7B and the share certificates duly endorsed be sent to the transferees.”

APPOINTMENT OF ABC AS ADDITIONAL DIRECTOR OF THE COMPANY:

The chairman introduced Mr. ABC to the Board. She apprised the Board that he is having very rich experience in Business management. His induction will ultimately strength the company by all means in development of business of company. Following resolution was passed in this regard:

“RESOLVED THAT Mr. ABC be and is hereby appointed as additional Director of the Company under the provisions of article of Association of the Company and Section 260 of the Companies Act, 1956 till the date of next annual general meeting.”

“FURTHER RESOLVED THAT Mrs. XYZ, Director be and is hereby authorized to file form No. 32 with ROC, Rajasthan, Jaipur and to digitally sign all necessary documents for the same.”

             From:

ABC 

Address

To,           

The Board of Directors,

                   ____________________ PVT LIMITED,

Jaipur

Sub: Consent Letter of Appointee.

Dear Sir, 

I, Undersigned, hereby accord consent to act as a director of the Company pursuant to Section 264(2)/266(1) (a) of the Companies Act, 1956 and certify that I have not been disqualified to act as a director under section 267 and / or 274 of the Companies Act, 1956.

Thanking You.

Yours faithfully,

(ABC)

From:

__________

_________

______

(Name and address)

To,

Board of Directors,

_____________PRIVATE LIMITED,

Address 

Re: Resignation as a Director of the Company.

Dear Sir,

Due to some unavoidable circumstances, I hereby tender my resignation from the Board of Directors of your company with immediate effect.

I shall be highly obliged if the Board of Directors of the company considers my resignation at the earliest.

I hereby give my felicitation to all the members of the Board for the unstinted faith and cooperation that I have received during the tenure of my directorship.

You are requested to please arrange for filing of E-Form 32 with the Registrar of Companies to that effect and give intimation to all the concerned departments and give a copy of the same to me for my reference and record.

Thanking You,

(ABC)

DEAR ALL,,

                       MANAGING DIRECTOR CAN RESIGN BEFORE HIS DURATION OF 5 YEARS  BY OFFERING HIS RESIGNATION IN WRITING TO THE BOARD OF DIRECTORS OF THE COMPANY. THE SAME HAS TO BE ACCEPTED BY THE COMPANY AND THE BOARD. IF IT IS NOT ACCEPTED THEN , THE RESIGNATION WOULD NOT BE CONSIDERED AND HENCE WOULD NOT HAVE ANY SIGNIFICANCE.

REGARDS..

TANVEER.