Change in DirectorsSimple online process to add or remove Directors contact Us
Change in DirectorChange in directors liability in India can be divided into two principal areas: (1) liability under the Companies Act of 1956 (the 1956 Act), which has now transitioned to the Companies Act of 2013 (the 2013 Act); and (2) liability under other Indian statutes. There has been a seminal shift in the Indian corporate legal regime with the enactment of the 2013 Act and more recent amendments. For instance, penalties under the 1956 Act that were seen as ineffective have been significantly amplified under the 2013 Act. The 2013 Act also provides statutory recognition to the duties of a director, such as exercise of due and reasonable care, skill, diligence, and independent judgment One of the key concepts of the Companies Act is the meaning of the term “officer who is in default.” Under the act, liability for default by a company has been imposed on an officer who is in default. By virtue of their positions in the company, the managing director, the whole-time director, and the company secretary directly fall within the scope of this term. Under the 1956 Act, certain key employees such as the chief executive officer and chief financial officer did not directly come within the ambit of the term, which raised serious concerns because these personnel were viewed as key officials in any company. The 2013 Act corrects this anomaly and significantly expands the scope of the expression “officer in default.”The Capacity to evacuate Director has dependably been given on Shareholders, as we as a whole realize that toward the day’s end, Directors are responsible to Shareholder.
Procedure For Change in Directors
Complete our Simple Form
You are supposed to fill your details in our simple questionnaire and submit documents.
Provide Necessary Details
Provide us with all the required information and documents.
For further procedures, details provided by you will be verified.
we create your documents and file them with MCA.
Your work is completed
Once your Directors are added or changed, we send you all the documents and DSCs.
What is included Package
Directors Application Preparation
Directors Application Filing
Frequently Asked Questions
1. What are the requirements of becoming a director of a company?
A Director of a Company must be above the age of 18 and must have a Director Identification Number. The person can be an Indian National or a Foreign National.
2. What is the minimum number of Change in directors required for a company?
A Private Limited Company must have a minimum of two Change in directors at all times. A Limited Company must have a minimum of three Directors at all times.
3. What are the documents required for obtaining DIN?
A Digital Signature, Signed Affidavit from the proposed Director and information about the identity and address of the Director is required.
4. What is the procedure for removing a Change in directors from a company?
A Company can remove a Director by passing an ordinary resolution in an Annual General Meeting or an Extraordinary General Meeting. Ordinary resolutions can be passed by a simple majority. Once a resolution is passed, the Company must file the Resolution along with the necessary forms to the Ministry of Corporate Affairs to remove a Director.
5. What is the procedure for adding a director?
A new Director can be added to the Board of Director by passing an ordinary resolution in an Annual General Meeting or an Extraordinary General Meeting. Ordinary resolutions can be passed by a simple majority. Once a resolution is passed, the Company must file the Resolution along with the necessary forms and the Digital Signature of the Managing Change in directors or Secretary of the Company, to the Ministry of Corporate Affairs to appoint a Director.