Addition of Directors

LEGALRAJ will assist you in the appointment of director in your company. The average time taken to file for appointment of director is about 1 to 2 working days, subject to government processing time and client document submission.Since a company is an artificial judicial person created by law, it can only act through the natural persons. Shareholders of the Company elect Directors to manage the affairs of the Company only living persons can be Directors of the company whereas management of a company is entrusted with the Board of Directors

Since a company is an artificial judicial person created by law, it can only act through the natural persons. Shareholders of the Company elect Directors to manage the affairs of the Company only living persons can be Directors of the company whereas management of a company is entrusted with the Board of Directors. The Board of Directors can appoint Directors for the company from time to time.Director Identification Number (DIN) and Digital Signature Certificate (DSC) are mandatory requirements to appoint a person as a Director.

ADDITION OF DIRECTORS

 

 

Basic information

 

 

Since a company is an artificial judicial person created by law, it can only act through the natural persons. Shareholders of the Company elect Directors to manage the affairs of the Company only living persons can be Directors of the company whereas management of a company is entrusted with the Board of Directors. The Board of Directors can appoint Directors for the company from time to time.

 

Director Identification Number (DIN) and Digital Signature Certificate (DSC) are mandatory requirements to appoint a person as a Director.

 

Any person whether Indian Nationals or Non-Resident Indians or Foreign Nationals can obtain DIN to be appointed as Director of a Indian company.

 

LEGALRAJ will assist you in the appointment of director in your company. The average time taken to file for appointment of director is about 1 to 2 working days, subject to government processing time and client document submission.

 

 

What will you receive in Director’s Appointment package ?

 

 

  1. DIN of Director
  2. DSC token of the Director
  3. Resolution for his appointment in the Company
  4. Appointment Letter to Director
  5. Consent of Appointee Director in form DIR – 2

 

 

What are the Types of Directors in a Company ?

1. Executive Director:

 

Executive Director is in full-time employment of the Company. He looks after the day-to-day business affairs and administrative functions of the Company. Executive Directors can draw salary, attend board meetings and represent the Company in the World.

 

2. Non – Executive Director:

 

Non-Executive Director is not engaged in the day-to-day business affairs and administrative functions of the Company. He is entitled to attend Company Meetings and can provide professional services to the Company. Being a Non-Executive Director, he cannot draw salary firm the Company.

 

3. Managing Director:

 

Managing Director is a Director who is entrusted with substantial powers of management of the affairs of the company. The Roles and Responsibilities of the Managing Director are governed by the Articles of Association or the Agreement between the Company and such Director.

 

4. Additional Director:

 

Board of Directors of the Company can appoint a Director between two annual general meetings subject to the provisions of the Articles of Association of a company. Such Director is called Additional Director. He can hold office only upto the date of next Annual General Meeting of the Company.

 

5. Alternate Director:

 

In cases where Original Director is absent for a period of not less than three months, Alternate Director may be appointed by the Board of Directors to act for and on behalf of such absent Director.

 

 

What is the process for appointment of Director in Company ?

 

 

Step 1: Apply for the Director Identification Number in form DIR-3

Step 2: Pass the Board Resolution for Appointment of Director

Step 3: Pass Ordinary Resolution in General Meeting, if required

Step 4: File the Form DIR-12 for appointment of Director on the Board of the Company

 

The entire process for registration of Company will take at least 2 to 4 working days from the receipt of all the necessary documents and filing with the ROC.

 

 

(All the above documents are to be self-attested)

Documents


Passport Photo

Passport Photo of the appointee Director


PAN Card

PAN of the Director of the appointee Director


Adhaar Card

Adhaar Card of of the appointee Director


DSC Token

DSC Token of the of the appointee Director

FAQ

Any natural person can become the Director of the Company only after obtaining the valid Director Identification Number (DIN).

No. after the amendment of the Companies Act, 2013, now it is no more required to hold the shares of the Company by the Directors or the Directors proposed to be appointed.

Click on Get Quotation tab above and fill the details, you will receive required documents list and quotation in few seconds in your mailbox. No charges for requirement list and Quotation.

The Directors can be appointed as an additional Director by merely passing resolution in the Board of Directors Meeting. No special approval is required. In other cases the approval of the shareholders will be required.

Addition of Director usually takes 1-2working days subject to the approval of the Central Govt. and the receipt of documents from the clients.

No. However, the Signatory details of the Company on the MCA portal will be updated when there is an addition of the Directors on the Board of the Company and the same can also be checked through this link; http://www.mca.gov.in/mcafoportal/viewSignatoryDetails.do.