A chairman can resign from the chairmanship of a board or a committee by tendering a resignation letter address to the board of directors of the company.
The
board will thereafter, appoint a new chairman. The board need not pass a
resolution to approve the resignation of the chairman.
It
is enough if it is noted in the minutes and the new chairman is appointed.
Generally, boards would have a voice chairman in place, to take the office when
the original chairman resigns, or to be the chairman in the event the original
chairman cannot attend the meeting.
0 comments:
Post a Comment
Thanks