Add or Remove a Director
A Company can appoint a new director as per the provisions of MOA & AOA and shareholder are eligible to remove the director of the company.
Add or Remove a Director of The Company
Appoint or remove a director of the Company for ₹2,990/- Only (Inclusive of Government Fees and taxes)
A company’s director is an individual chosen by the shareholders to manage the company’s affairs in accordance with the company’s Memorandum of Association and Articles of Association. A company may only operate through the natural persons because it is an artificial judicial person created under Companies Act, 2013. As a result, only living people can be Directors of a company, and the Board of Directors is in charge of the company’s management. Appointment of Directors can be needed for a company from time to time, depending on the needs of the company’s shareholders.
A digital signature certificate (DSC) and a director identification number must be obtained before a director can be appointed (DIN). A DIN number can be accessed by someone over the age of 18. Indian nationals, non-resident Indians, and foreign nationals can all get a DIN and become directors of a company in India.
A company can remove a director if he commits any of the Act’s disqualifications, such as missing more than 12 months of board meetings, entering into contracts or agreements in violation of section 184, being disqualified by a court or Tribunal, or being convicted of any crime and sentenced to at least six months in jail.
Note Down The Documents Required To Appoint A New Director
- PAN Card or Passport (in case of foreign nationals)
- Aadhaar Card of Directors
- Voter’s ID/Driving License/Passport
- Latest Bank Statement/Telephone or Mobile Bill/Electricity Bill or Gas Bill
- Passport Size Photographs of promoters/Directors
- Signed Affidavit from the proposed director
Features to Add or Remove a Director
You may need to add a new director to your Company & there might be the situation where a Director is moving out of the Company. To add a director the person must be eligible as per the Articles of the Company. We at TaxRodo help you to easily perform all the procedures:
- Filing of Documents with ROC – We at TaxRodo will do all the filings required for Addition or Removal of Director.
- Preparation of Documents & Resolutions – Our team will prepare all the Documents required for Addition or Removal of Director.
FAQs of Add or Remove A Director
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.
A Private Limited Company must have a minimum of two Directors at all times. A Limited Company must have a minimum of three Directors at all times.
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.
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 Director or Secretary of the Company, to the Ministry of Corporate Affairs to appoint a Director.
Yes, a NRI or Foreign National can be a Director in a Private Limited Company after obtaining the Director Identification Number. However, at least one Director in the Board of Directors must be an Indian resident.