At any time, the firm may nominate or remove a director. Even if the articles of incorporation should contain provisions allowing it, the Articles of Association and Companies Act regulations control how and who can be nominated as a new director. When adding new directors to the company, a lot of requirements must be followed, however, LEGALONGO is here to make the process simple for you.
A Director's Adding Process
Contrary to what people would think, adding a director is a more challenging undertaking.
Step 1: Check the company's articles (AOA) to see if installing a new director is permitted. If there are no such provisions in the business's AoA, they should be added to allow the appointment of an additional company director.
Step 2: The prospective director must sign Form DIR-2 to indicate their willingness to serve in that role.
Step 3: Before appointing a particular person as a director, the organization must approve a board resolution.
Step 4: Obtain the DSC (digital signature certificate) and DIN for the new director (director identification number).
Step 5: Compile the essential data and supporting documents, then get Forms DIR-2, DIR-12, and other forms of ROC.
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