DIR 11 Mandatory or not as per new changes in Company act?

Question

I resigned as Director of a company where i hold 50% share.  Do i have to file Dir11 and what legal rights do i have on the compan

Accepted Answer

The shareholder's agreement will let you know if you can keep your shares after you resign, or if you must sell them back to the company or other shareholders. In most situations, a director can keep their shares and just step back from their position

DIR 11 Mandatory Or Not As Per New Changes In Company Act?

Somenath Chatterjee

I resigned as Director of a company where i hold 50% share. Do i have to file Dir11 and what legal rights do i have on the compan

Expert's Answers(1)

Advocate Anik

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