Resignation of directors

Resignation of directors,

Definition of Resignation of directors:

  1. Directors can resign at any time, and resignations do not require a subscription to take effect. However, the proposed waiver cannot be withdrawn without cabinet approval. Resignation is not exempt from the obligations arising from (1) decisions, (2) personal guarantees issued in person or in conjunction with other directors prior to resignation.

Meaning of Resignation of directors & Resignation of directors Definition