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Notice of Unwillingness for seeking reappointment by a Director

Draft Notice of unwillingness for seeking re-appointment as director of the Company to be sent by the retiring director

Chapter: XI

Section: 152(7)(b)(ii)

Rule: The Companies (Appointment and Qualification of Directors) Rules, 2014

Approximate Time Saving: 30 minutes

Product Information

This document consists of draft Notice of unwillingness for seeking re-appointment as director of the Company to be sent by the retiring director, in editable word format, making it handy to use and save your time and effort.

Additional Information

Section 152(7)(b)(ii) of the Companies Act, 2013

(b) If at the adjourned meeting also, the vacancy of the retiring director is not filled up and that meeting also has not expressly resolved not to fill the vacancy, the retiring director shall be deemed to have been re-appointed at the adjourned meeting, unless—

(ii) the retiring director has, by a notice in writing addressed to the company or its Board of directors, expressed his unwillingness to be so re-appointed;

 

Attachments

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Notice of unwillingness for seeking reappointment