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Procedure for Resignation of Director CS Executive

Procedure for Resignation of Director – CS Executive Company Law


We are pleased to present CS Foundation, Executive, and Professional online classes for the students preparing for CS. The entire course is divided into CS Foundation online classes, CS Executive online classes, and CS Professional classes online. We ensure that there are regular posting of articles related to CS courses. In this article, we have taken “Procedure of Resignation of Director” of Company Law from CS Executive. These notes are short, crisp, and easy to understand for all.

Procedure for Resignation of Director (Section 168 of the Companies Act,2013)

  1. The Director intends to resign shall send notice in writing to the Company. The resignation of a director shall take effect from:
  • The date on which the Notice is received by the company or
  • The Date, if any, specified by the Director in the notice, whichever is later.
  • The director who has resigned shall be liable even after his resignation for the offenses which occurred during his tenure.
  • The law has caste duty upon the Director resigning to file eform DIR- 11(Company shall file form DIR 12) and
    • Mention therein the Reason for Resigning.
    • Enclose the copy of Notice sent to the Company.
    • Enclose Proof Of Dispatch
    • File the said form within 30 days of resignation along with the prescribed filing fees.

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