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Resignation of Director CS Executive Company Law | Procedure

Procedure for Resignation of Director CS Executive Company Law   Procedure for Resignation of Director (Section 168 of the Companies Act,2013)   The Director intends to resign shall send a 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 form DIR- 11 (Company shall file form DIR 12) and Mention therein the Reason for Resigning. Enclose the copy of the Notice sent to the Company. Enclose Proof Of Dispatch File the said form within 30 days of resignation along with the prescribed filing fees. There is warning note at the end of the form which states as follows:  Note: Attention is also drawn to provisions of Section 448 and 449 which

Industrial, Labour and General Law Maternity Benefits

The Maternity Benefit is a payment made to a woman during or after birth.   There is a law called the "Maternity Benefits Act, 1961, which during a certain period regulates the female employment of women." The Act extends to all factories/establishments but does not extend to those factories/establishments to which the State Insurance Act of Employees applies.   Right / Eligibility for maternity benefit payments   In any establishment, every pregnant woman is eligible for maternity benefits at an average regular wage rate*, given that she has worked for a minimum of 80 days in the previous 12 months, i.e. 12 months before the scheduled delivery date.    Average daily wage rate means an average of the wages payable to the woman in the preceding 3 months prior to maternity leave or minimum wage rate set under the Maternity Act, 1948 or Rs. 10; the highest is whatever.   The maximum time during which a woman is entitled to a maternity allowance is 26 weeks, and only up to 8 week