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Question ID : 44625

EFFECTIVE date of resignation

What is the effective date of resignation of Director of the Private Limited Company. Is it the date of notice by the Director or the date on which the resignation is accepted by the Company in its Board Meeting. Can it be the date of Board meeting?

Posted by SURAJ KUMAR CHOUDHARY on Mar 27, 2024

Filed Under Companies Act, 2013

Answer ID : 85370

As per Companies Act, 2013 The resignation of a Director takes effect from either: The date on which the notice is received by the company, or The date specified by the Director in the notice (if any), whichever is later

Posted by CA SURABHI SACHDEVA on Mar 27, 2024