Resignation Letter of Additional Director of Company (Format)

An Additional Director can be appointed by the Board of Directors of a company at any time during a year. Such an Additional Director shall hold office up to the date of the next annual general meeting.

An Additional Director can resign at any time before his term expires. He can submit his resignation letter addressed to the Managing Director or the Board of Directors or the Chairman of the company.

Here is a template of resignation letter of an additional director of any public or private limited company.

SAMPLE

Date: ..............

From

(Name of the Director)

DIN: .................

(Address)

Mob.: ........................

To

The Board of Directors

......................... Limited

CIN: .............................

(Address)

Tel: ............................

Sub.: Resignation from the position of Additional Director

Dear Sirs/Madams,

I hereby tender my resignation, with immediate effect, from the Directorship of the company due to preoccupation elsewhere and other personal reasons.

I hereby confirm there are no other material reasons other than those stated above. I further confirm that: (1) I do not have any claim whatsoever against .............. Limited whether for loss of office, accrued remuneration or otherwise: and (2) ................... Limited has no claims whatsoever against me.

I would like to convey my sincere thanks to the Board for giving me the opportunity of being associated with the company.

Kindly acknowledge the receipt of the resignation letter and please arrange to file necessary forms with the office of the concerned Registrar of Companies to that effect.

I wish the company continued success in all its future endeavours.

Yours faithfully,

   (signature)

(Name of the Additional Director)