This resolution template and guide is suitable for a scenario where a director intends to resign. In summary, the director has to submit a resignation letter, and the board passes a resolution accepting the resignation, before lodging the needed notice with the Accounting and Regulatory Authority of Singapore (ACRA).
Resolution for the resignation of a director
The resolution typically states that the company has received and accepts the resignation of the director.
Director’s resignation letter
The resignation letter typically states that the director wishes to resign and that he or she has no claims against the company.
Filing the notice with ACRA
Please remember to file a Notice of Cessation (Resignation) with ACRA following the resignation of the director
This is a general procedure for the resignation of a company director. Please ensure that it complies with your company’s specific constitution. In addition, the company must have at least 1 remaining director who is residing in Singapore.
Template resolution for resignation of director and letter of resignation
Need the template? You can get them here.
For a guide to a director’s resignation in Singapore, click here.
If you need help customising your template resolution, feel free to get in touch with one of our corporate lawyers.