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    <title>RESIGNATION BY A DIRECTOR</title>
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    <description>Resignation by a director under the Companies Act, 1956 is governed by the Articles of Association, terms of appointment, and, absent those, common law: a clear written resignation is generally effective when tendered unless the articles require acceptance or a specified date. Whole time or managing directors may need formal acceptance to be relieved of employment duties. Resignation does not absolve liability for prior acts; the company is responsible for statutory filings and notifying registers, with company secretaries charged with compliance.</description>
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    <pubDate>Mon, 27 Jul 2009 00:00:00 +0530</pubDate>
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