I joined a company as a manager, got promoted to business head, and now I see I’m listed as a director. I never agreed to this role and haven’t received any compensation for the past two years. I want to resign as director and understand my legal obligations. How can I ensure my name is removed from the shareholder list and what steps should I take to distance myself from the company?

Apni Law
Apni Law
Law Forum › Category: Corporate › I joined a company as a manager, got promoted to business head, and now I see I’m listed as a director. I never agreed to this role and haven’t received any compensation for the past two years. I want to resign as director and understand my legal obligations. How can I ensure my name is removed from the shareholder list and what steps should I take to distance myself from the company?
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Apni Law Staff asked 3 years ago

I joined a company as a manager, got promoted to business head, and now I see I’m listed as a director. I never agreed to this role and haven’t received any compensation for the past two years. I want to resign as director and understand my legal obligations. How can I ensure my name is removed from the shareholder list and what steps should I take to distance myself from the company?

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Best Answer

Apni Law Staff answered 3 years ago

Under Indian law, your consent is required for becoming a director. You can resign by submitting a written resignation letter to the company. You should also seek legal counsel to understand your legal obligations and ensure your name is removed from the shareholder list and company records.

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