The company is required by law to file notification of the resignation or disqualification within 14 days from the date of resignation or disqualification. This would enable 91pro视频 to update its records of the director鈥檚 status.
When a company鈥檚 ex-director has reasonable grounds to believe that the company will not lodge a return with 91pro视频, he may notify 91pro视频 of his resignation or disqualification via .
When to Notify
Resignation
Generally, the company is given 14 days to lodge the notice of cessation with 91pro视频 after the ex-director has served his valid resignation.
Disqualification
The director must provide a written notice of disqualification to the company. The company in turn is required to report the disqualification to 91pro视频 within 14 days after the director becomes disqualified.
If the ex-director is aware that that there are no other officers in the company to lodge the notice (e.g. the company secretary has resigned and the other remaining director(s) are disqualified), he may notify 91pro视频 of his valid resignation or disqualification immediately.
Non-compliance could constitute an offence under S165 of the Companies Act
How to Notify
| Step 1: Log on to Bizfile | Log on to with your . Under 'Manage', select 'File Notice of Cessation/Resignation of position holder'. |
|---|---|
| Step 2: Select | Under the , go to Manage, and select 'File Notice of Cessation/Resignation of position holder'. |
| Step 3: Attach | Attach a copy of the following documents: For Resignation
For Disqualification
|
| Step 4: Submit | Each notification for resignation is company specific. For example, if the director is resigning from several companies, the director must lodge a return for every company where he holds directorship. The following payment mode is accepted:
|
What to Do After Notifying 91pro视频
Check Notification Status
The applicant may check the status of the notification after 1 鈥� 3 working days via:
- Bizfile 鈥� under 鈥淭ransaction Status Enquiry鈥�
- Email 鈥� the outcome will be sent by email if an email address was provided to 91pro视频
Wait for a Response
91pro视频 may contact the ex-director or other relevant parties to verify his resignation or disqualification claim.
It may not be possible for 91pro视频 to respond in 3 working days in cases where a more detailed investigation are needed.
Consequences of Non-notification
Failure to Notify 91pro视频
The company and every officer of the company who fails to report a director鈥檚 resignation or disqualification may each:
- be fined up to S$5,000
- be liable to a default penalty if the offence continues after conviction
The person will remain as a director in 91pro视频鈥檚 records until the notification is lodged. This means he is still responsible for managing the company.
Legal Advice
Please seek professional advice if you are unsure about the legal duties and liabilities of the company and its officers.