<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2019 (7) TMI 1191 - DELHI HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=383495</link>
    <description>Director resignation becomes effective upon communication unless the Articles of Association require otherwise; acceptance and filing of Form 32 are not conditions to cessation of office. Where company records confirmed that resignation occurred before presentation of the winding-up petition, the former director could not be proceeded against for the company&#039;s failure to file Form 32 concerning cessation of directorship. The obligation to submit a statement of affairs under the Companies Act depends on the statutory dates and circumstances applicable to former directors. On these facts, deletion of the resigned director from the criminal complaint was allowed, including in a related matter with materially identical facts.</description>
    <language>en-us</language>
    <pubDate>Fri, 05 Jul 2019 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 25 Jul 2019 08:32:02 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=581059" rel="self" type="application/rss+xml"/>
    <item>
      <title>2019 (7) TMI 1191 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=383495</link>
      <description>Director resignation becomes effective upon communication unless the Articles of Association require otherwise; acceptance and filing of Form 32 are not conditions to cessation of office. Where company records confirmed that resignation occurred before presentation of the winding-up petition, the former director could not be proceeded against for the company&#039;s failure to file Form 32 concerning cessation of directorship. The obligation to submit a statement of affairs under the Companies Act depends on the statutory dates and circumstances applicable to former directors. On these facts, deletion of the resigned director from the criminal complaint was allowed, including in a related matter with materially identical facts.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Fri, 05 Jul 2019 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=383495</guid>
    </item>
  </channel>
</rss>