The Director Resignation Form is a crucial document required under Singapore corporate law when a director wishes to step down from their position. It must be submitted to ACRA within 30 days of the effective resignation date and serves multiple purposes: officially documenting the resignation, protecting both the director and company's interests, and ensuring compliance with regulatory requirements. The form typically includes personal details of the resigning director, company information, effective date of resignation, and any relevant declarations regarding outstanding obligations or company property.
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Key Requirements PROMPT example:
Director Resignation Form
"Need a Director Resignation Form for immediate resignation from a SGX-listed company, including handover provisions for ongoing projects and confirmation of compliance with SGX listing requirements, effective March 15, 2025."
1. Director Details: Full name, NRIC/Passport number, and residential address of the resigning director
2. Company Details: Company name, registration number, and registered address details
3. Resignation Statement: Clear and unambiguous statement of resignation including the effective date
4. Confirmation of No Claims: Statement confirming no outstanding claims against the company and release of liabilities
5. Signature Block: Space for director's signature, date, and witness details if required
1. Handover Statement: Details of handover arrangements and timeline for transfer of responsibilities
2. Notice Period Declaration: Statement regarding notice period compliance as per company constitution
3. Confidentiality Statement: Declaration of ongoing confidentiality obligations post-resignation
4. Outstanding Matters: List of pending matters or unresolved issues requiring attention
1. ACRA Form: Official ACRA form for notification of director cessation
2. Handover Documents: Schedule listing all documents and responsibilities being transferred
3. Board Resolution: Copy of board resolution accepting the resignation (if already passed)
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