https://www.taxtmi.com/caselaws?id=282169 The court found that the applicant, who had resigned as a director before the relevant date, was not liable for the company's unrecovered receivables. The court clarified that a director's resignation is effective upon communication and does not require acceptance or filing with the Registrar. As the applicant had resigned before the relevant date, he was not obligated to file a complete Statement of Affairs. The court allowed the applicant's claim, directing the Provisional Liquidator to submit a fresh status report within eight weeks and scheduled further hearing for 30.04.2014. en-us Tue, 11 Feb 2014 00:00:00 +0530 Wed, 24 Jul 2019 20:56:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282169 The court found that the applicant, who had resigned as a director before the relevant date, was not liable for the company's unrecovered receivables. The court clarified that a director's resignation is effective upon communication and does not require acceptance or filing with the Registrar. As the applicant had resigned before the relevant date, he was not obligated to file a complete Statement of Affairs. The court allowed the applicant's claim, directing the Provisional Liquidator to submit a fresh status report within eight weeks and scheduled further hearing for 30.04.2014. Case-Laws Companies Law Tue, 11 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282169