Letter of Resignation by the Director of a Company - Word & PDF Template Form

Date: ________

To,
The Board of Directors
________
(CIN: ________)
________

RE: RESIGNATION FROM THE OFFICE OF INDEPENDENT DIRECTOR OF THE COMPANY

Dear Members of the Board,

§ 1. Resignation

1.1 I, ________, son/daughter/spouse of ________, residing at ________, holding Director Identification Number (DIN) ________, having been appointed as an Independent Director of ________ (hereinafter referred to as "the Company") with effect from ________, do hereby tender my resignation from the office of Independent Director of the Company.

1.2 In accordance with Section 168 of the Companies Act, 2013 read with Rule 15 of the Companies (Appointment and Qualification of Directors) Rules, 2014, my resignation shall take effect from ________, being the date on which this notice is received by the Company, or such later date as may be specified herein.

§ 2. Reasons for Resignation

2.1 As required under sub-section (1) of Section 168 of the Companies Act, 2013, I set out below the detailed reason(s) for my resignation:

________

§ 3. Confirmations and Declarations

3.1 I confirm that, to the best of my knowledge and belief, there are no material facts or circumstances relating to my resignation other than those disclosed in this letter that the members or creditors of the Company ought to be made aware of.

3.2 I confirm that I have no claims or dues outstanding against the Company save as may be expressly recorded herein, and that I am not aware of any irregularity, fraud, financial impropriety or non-compliance with applicable law affecting the Company.

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§ 4. Requests to the Company

4.1 I request that the Company take note of my resignation and file the requisite notice in Form DIR-12 with the Registrar of Companies within thirty (30) days, as required under Section 168(1) and Rule 15 of the Companies (Appointment and Qualification of Directors) Rules, 2014.

4.2 I request that my resignation be placed before and noted at the next meeting of the Board of Directors of ________, and that appropriate disclosure thereof be made in the Board's Report and on the Company's website in accordance with applicable law and, where applicable, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

4.3 Please acknowledge receipt of this letter and provide me with a copy of the acknowledgement of the notice of my resignation as filed with the Registrar of Companies.

§ 5. General

5.1 This resignation shall be governed by and construed in accordance with the laws of India, and the courts at ________ shall have jurisdiction in respect of any matter arising herefrom.

5.2 I thank the Board and the management of the Company for the opportunity afforded to me to serve as an Independent Director of ________ and extend my best wishes for its continued growth and success.

Yours faithfully,

Director's signature: _______________

________
DIN: ________
________

Place: ________
Date: ________