A Board Resolution For Director Resignation is a crucial corporate governance document used when a director steps down from their position on a company's board. This document is particularly important in the UAE context, where strict corporate governance requirements must be followed under Federal Commercial Companies Law and related regulations. The resolution is required to formally acknowledge the resignation, record the board's acceptance, and initiate necessary regulatory notifications. It must include specific details such as the effective date of resignation, meeting details where the resignation was accepted, and any transitional arrangements. The document is essential for updating corporate records, maintaining legal compliance, and ensuring proper documentation for UAE authorities. It may need to be submitted to various regulatory bodies including the Department of Economic Development, relevant Free Zone authorities (if applicable), and for listed companies, the Securities and Commodities Authority.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Company Details: Full legal name of the company, registration number, and registered office address
2. Meeting Details: Date, time, location of the board meeting, and confirmation of quorum
3. Present Directors: List of directors present at the meeting and those absent with or without apologies
4. Chairman: Identification of the meeting's chairman
5. Notice and Quorum: Confirmation that proper notice was given and quorum requirements were met
6. Resignation Details: Specific details about the resigning director and the resignation letter received
7. Resolution: Formal resolution text accepting the resignation and its effective date
8. Corporate Actions: Required actions following the resignation, including updating corporate books and regulatory notifications
9. Closure: Formal closing of the meeting and signature requirements
1. Replacement Director: To be included if a new director is being appointed in the same resolution to fill the vacancy
2. Regulatory Compliance: Specific section for listed companies requiring additional regulatory notifications (SCA, ADX, DFM)
3. Power of Attorney: Authorization for specific individuals to handle regulatory filings and documentation
4. Acknowledgments: Special acknowledgments or thanks to the resigning director, if appropriate
5. Transitional Arrangements: If the resigning director has ongoing responsibilities or handover requirements
1. Resignation Letter: Copy of the formal resignation letter from the director
2. Updated Board Structure: Table showing the board composition before and after the resignation
3. Required Regulatory Forms: Copies of forms required for submission to relevant authorities
4. Director's Final Declarations: Any required declarations from the resigning director regarding handover of responsibilities
5. Power of Attorney Document: If included, the formal POA document for processing the resignation
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Healthcare
Technology
Manufacturing
Retail
Energy
Transportation and Logistics
Professional Services
Education
Hospitality
Construction
Media and Entertainment
Telecommunications
Insurance
All Corporate Sectors
Relevant Teams
Legal
Corporate Governance
Compliance
Corporate Secretariat
Board Affairs
Regulatory Affairs
Corporate Affairs
Executive Office
Risk Management
Administrative
Relevant Roles
Chief Executive Officer
Company Secretary
Corporate Governance Officer
Legal Counsel
Board Director
Chairman of the Board
Compliance Officer
Corporate Affairs Manager
Legal Director
Chief Legal Officer
Corporate Secretary
Governance and Risk Officer
Board Relations Manager
Managing Director
Executive Director
Find the exact document you need
Board Resolution For Redemption Of Debentures
A UAE-compliant board resolution authorizing and detailing the terms for redeeming company debentures, aligned with UAE Commercial Companies Law and SCA regulations.
find out more
Board Resolution For Incorporation Of Foreign Subsidiary
A formal board resolution authorizing and detailing the establishment of a subsidiary entity in the UAE, in compliance with UAE Commercial Companies Law.
find out more
Corporate Resolution Form
A UAE-compliant formal document recording corporate decisions made by a company's board of directors or shareholders, governed by UAE Federal Law No. 32 of 2021.
find out more
First Board Resolution
A formal document recording initial board decisions and appointments under UAE law, establishing foundational corporate governance structures and operational framework.
find out more
Board Written Resolution
A UAE-compliant formal document recording board decisions made without a physical meeting, governed by Federal Law No. 32 of 2021.
find out more
Board Resolution For Share Purchase Agreement
A UAE-compliant board resolution authorizing and approving a share purchase transaction, including terms, conditions, and necessary authorizations.
find out more
Board Resolution For Satisfaction Of Charge
A UAE corporate document recording the board's resolution to discharge a registered charge following satisfaction of secured obligations.
find out more
Board Resolution For One Person Company
A formal document recording decisions made by the sole shareholder-director of a One Person Company under UAE law, serving as official evidence of corporate actions and decisions.
find out more
Board Resolution For Incorporation Of A Subsidiary Company
A UAE board resolution authorizing and detailing the establishment of a new subsidiary company, compliant with UAE Commercial Companies Law.
find out more
Board Resolution For Director Resignation
A UAE-compliant board resolution document that formally records and accepts a director's resignation, ensuring adherence to local corporate law requirements.
find out more
Board Resolution For Demat Account Opening
A UAE-compliant board resolution authorizing the opening and operation of a demat account for electronic securities trading and management.
find out more
Board Resolution For Change In Shareholding Pattern
UAE board resolution documenting and approving changes in company shareholding structure, compliant with Federal Law No. 32 of 2021.
find out more
Board Resolution For Appointment Of Legal Representative
A UAE-compliant board resolution documenting the formal appointment of a company's legal representative and their scope of authority.
find out more
Board Resolution Change Of Directors
A UAE-compliant board resolution document that formally records and implements changes in company directorship under UAE Commercial Companies Law.
find out more
Board Resolution Change Of Address
A UAE corporate document recording the board's formal approval of a company address change, compliant with UAE Federal Companies Law and local regulations.
find out more
Appointing A Director By Ordinary Resolution
UAE-governed ordinary resolution document for the formal appointment of a company director, compliant with Federal Law No. 32 of 2021.
find out more
Board Resolution To Open Bank Account
A UAE-compliant corporate document authorizing the opening and operation of a company bank account, designating authorized signatories and their powers.
find out more
Corporate Resolution Signing Authority
A UAE-compliant corporate resolution that delegates and documents signing authority to designated individuals within an organization, specifying their powers and limitations.
find out more
Special Board Resolution
A formal corporate document used in the UAE to record significant board decisions requiring special documentation under UAE law and regulatory requirements.
find out more
Resolution To Add Signatory To Bank Account
A UAE-law governed corporate resolution authorizing the addition of a new signatory to company bank account(s), complying with UAE banking and corporate regulations.
find out more
Directors Resolution For Dividends
A UAE corporate document recording the board's formal decision to distribute company profits to shareholders, complying with UAE Federal corporate laws.
find out more
Board Resolution For Appointment Of Corporate Representative
A UAE-compliant board resolution document that formally appoints and authorizes a corporate representative to act on behalf of a company.
find out more
Board Resolution For AGM
A UAE-compliant board resolution authorizing and setting parameters for the Annual General Meeting, including key decisions and statutory requirements.
find out more
Board Resolution To Change Registered Agent
A UAE board resolution documenting the formal decision to change the company's registered agent and authorizing implementation actions.
find out more
Board Resolution For Working Capital Loan
A UAE-compliant board resolution authorizing the company to obtain a working capital loan and appointing authorized signatories for loan documentation.
find out more
Board Resolution For Private Limited Company
A formal document recording board decisions for UAE private limited companies, compliant with UAE Federal Law No. 32 of 2021 and relevant corporate governance requirements.
find out more
Board Resolution For Opening A Branch Office
A UAE-compliant board resolution authorizing and detailing the establishment of a company branch office in the United Arab Emirates.
find out more
Board Resolution For Increase In Authorised Share Capital
A UAE-compliant board resolution documenting the formal approval and implementation of an increase in a company's authorized share capital.
find out more
Board Resolution For Incorporation Of Company
A UAE-compliant board resolution document that formally authorizes and outlines the establishment of a new company, including key incorporation details and delegations of authority.
find out more
Board Resolution For Digital Signature
A UAE-compliant board resolution authorizing and establishing the framework for digital signature usage within an organization.
find out more
Board Resolution For Closure Of Business
A UAE-compliant board resolution document authorizing and detailing the closure of business operations and company dissolution procedures.
find out more
Board Resolution For Change Of Financial Year
A UAE corporate governance document formalizing a board decision to change the company's financial year period, in compliance with UAE Federal laws and regulations.
find out more
Appointment Of Auditor Board Resolution
A UAE-compliant board resolution document formalizing the appointment of an external auditor, including appointment terms and regulatory compliance requirements.
find out more
Resolution To Change Bank Signatories
A UAE-compliant corporate resolution document authorizing changes to company bank account signatories, including signatory powers and transaction limits.
find out more
Board Resolution For Subscribing Shares Of Other Company
A UAE-compliant board resolution documenting the approval and terms for subscribing to shares in another company, as per UAE Federal Law No. 32 of 2021.
find out more
Board Resolution For Sale Of Company
A UAE-law governed board resolution authorizing and documenting the formal approval for the sale of a company, including key terms and delegated authorities.
find out more
Board Resolution For Partnership
A formal resolution by a company's board of directors authorizing and detailing a partnership arrangement under UAE law.
find out more
Board Resolution For Issue Of Shares
A UAE-compliant board resolution authorizing and documenting the issuance of new company shares.
find out more
Board Resolution For Buy Back Of Shares
A UAE-compliant board resolution authorizing and detailing the terms and conditions for a corporate share buyback program, including implementation authorities and regulatory compliance confirmations.
find out more
Board Resolution For Borrowing
A UAE-compliant corporate resolution authorizing company borrowing, specifying approved amounts, terms, and authorized signatories.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)