Ours is an apartment association registered with the registrar of societies. The managing committee comprising President, Vice President, Secretary, Treasurer and Executive Member have expressed their inability to continue and would like to resign from their posts. An AGM has been called for next month to discuss the audited accounts and to hold fresh elections.
What is the procedure for each of the aforesaid roles [President, Vice President, Secretary, Treasurer and Executive Member] to resign?
Since ours is a small apartment complex with very few owners residing, what are the implications if a new MC cannot be formed? Please advise.