Market Price: ₹10000
World Legal India Price: ₹5000
Appointment or removal of a company director in accordance with statutory requirements.
Market Price: ₹10000
World Legal India Price: ₹5000
Appointment or removal of a company director in accordance with statutory requirements.
Structure for Document:
Title: Change in Director
Description: Short description (max 30 words)
Content: 150–200 word detailed explanation
Process Steps (optional):
Board resolution for appointment/removal
Filing forms with ROC (e.g., DIR-12)
Updating statutory registers
Shareholder approval if required
Public disclosure and compliance
pdf details here...
A change in director involves either the appointment of a new director or the resignation/removal of an existing director from a company’s board. This process must comply with the provisions of the Companies Act and the company’s Articles of Association. Initially, the board of directors typically passes a resolution approving the change, followed by the filing of necessary forms with the Registrar of Companies (ROC), such as Form DIR-12 for appointment or cessation of directors. The company must also update its statutory registers, such as the Register of Directors and Key Managerial Personnel, to reflect the change. Shareholders may need to approve certain director appointments, especially for key positions, through a general meeting. Public disclosure of the change ensures transparency for creditors, stakeholders, and regulators. Proper documentation and timely filings prevent legal complications, maintain compliance with statutory obligations, and support the company’s governance framework. Engaging professional assistance is recommended to ensure that all legal requirements, notifications, and record-keeping are accurately fulfilled, safeguarding both the company and its directors from potential liability.