W
Watercress
Guest
I need to go through the process in my company (not yet trading) to remove one director and replace them with a new director - 50% shareholding. Can someone check to see if the following process is correct.
1. A letter in writing from resigning director informing the directors of his resignation
2. Directors meeting takes place and resolution to transfer resigning director shares to new director, appointment of new director and acceptance of the letter of resignation.
3. Directors pass the resolutions and they are minuted and held in the company file.
4. B10 form filled out, showing resignation of director and appointment of new as director.
5. Stock transfer form filled out and signed (Is this a company doc or does it go to the CRO?)
6. Cancel resigning director's share certificate
7. Fill out SD4 form and submit to revenue commissioners
8. Issue new share certs to new director
Do I need to send anything else to the CRO about the shares changing hands?
Thanks.
1. A letter in writing from resigning director informing the directors of his resignation
2. Directors meeting takes place and resolution to transfer resigning director shares to new director, appointment of new director and acceptance of the letter of resignation.
3. Directors pass the resolutions and they are minuted and held in the company file.
4. B10 form filled out, showing resignation of director and appointment of new as director.
5. Stock transfer form filled out and signed (Is this a company doc or does it go to the CRO?)
6. Cancel resigning director's share certificate
7. Fill out SD4 form and submit to revenue commissioners
8. Issue new share certs to new director
Do I need to send anything else to the CRO about the shares changing hands?
Thanks.