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Hi, We have a query relating to Section 167(b) of Companies Act 2013. Query: Our Company is a Private Company having 6 Directors on its Board. 3 Directors out of 6 Directors have attended the Board meeting held on 08/04/2015 only. After which they have not attended any meeting held on 01/07/2015, 08/09/2015, 31/12/2015, 23/03/2016, 26/05/2016, and 16/09/2016. And in this matter under section 167 (b) they need to vacant the office w.e.f. 01/07/2016. But 1 Director out of those 3 Directors has signed the Balance sheet dated 16/09/2016. Further in board meeting dated 13/12/2016 the matter relating to appointment of those 3 Directors has been discussed. What we need to do for cessation, please advise. Thanks and Regards CS Jyoti Aggarwal

Section 167- Vacation of office of director.

Posted By: Jyoti aggarwal 8 year(s) ago

This question has been closed if you want to answer,you have to re-open.

Shivam Singhal

In the Form DIR-12, there is a option of cessation. So, only need to file Form DIR-12 with RoC within 30 days from the date of vacation i.e. 01/07/2016.

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Comment (1)

Jyoti Aggarwal

But can we account cessation from 13/12/2016 instead of 01/07/2016

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