Quick Summary
Resignation is a voluntary act where an office holder steps down from their position.
Directors can resign by giving notice in writing to the company. The resignation takes effect from the date specified or the date of receipt. Form DIR-12 must be filed with ROC within 30 days.
Key Points
- Voluntary stepping down
- Written notice required
- DIR-12 filing within 30 days
- Takes effect as per notice
- Director not liable post-resignation