Retiring, resigning, or removing a director
Retiring, resigning, or removing a director
When a director resigns or is removed from a Company, this is updated automatically based on data from the NZ Companies Office. You do not need to manually record the resignation or removal.
The Director's profile will remain on the list of company-associated parties to record the historic directorship. You will be notified of any Director changes through the Updates tab.
The Director will remain active for the calendar day and be updated to a historical director at midnight.
The person will no longer be recorded as a director from the date the removal becomes effective. After removing them, the date the person held the directorship will be recorded in their profile.
Do not delete this contact to maintain an accurate historical record of the Company's directorship; however, if they have been invited into Connectworks, you may be required to remove their access to the Company.
Removing client access
If the former Director has access to the entity workspace on a collaborative subscription plan, remove their access rights to the entity once their directorship ends. To do this:
- Access the edit form for the associated party.
- Navigate to the Access section of the edit form and select No Access from the drop-down menu.
NB. After removing access, the individual will be removed from the default People & Employees list but retained as a historical association that can be reviewed using the "No Access" filter in the Parties tab.