How To Name Your Indian Business
Deciding a good name for the business is vitally important and challenging at the same place. There are several other factors which need to be ...Read More
Directors are appointed by the shareholders of a Company for the management of a Company. As per new company Act 2013, a Private Limited Company is required to have a minimum of two Directors and a Limited Company is required to have a minimum of three Directors. On the other hand, a Limited Liability Partnership (LLP) has Designated Partners and Limited Liability Partnership Act, 2008 requires each LLP to have a minimum of two Designated Partners.
Changing Director or Designated Partner filling process can be complex.
We can make this simple & Hassle Free
Step by step assistance
For Companies & LLP
Our services are quick & affordable
Appointment or removal of a Director or Designated Partners maybe required due to various reasons.To add a Director or Designated Partner, Digital Signature must first be obtained for the proposed Director. Once, Digital Signature is obtained, the proposed Director can be added into the Company with the consent of the shareholders. To remove a Director from a Company or LLP, it is important to ensure the Company or a LLP would have the minimum required number of Director or Designated Partner after removal of the Director. If so, then the resignation letter along with the required form must be filed to effect the resignation of the Director.
As per new company Act 2013- Board of Directors can appoint Additional Directors by filing Form DIR-12
Rajput Jain & Associates can help you file the necessary filings to add or remove a Director from your Company or add or remove a Designated Partner from you LLP.
For any information / query regarding Changing Director or Designated Partner, Contact Us
What are the requirements for 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. The Director of a Company has to be a natural person.
What is the minimum number of Director required for a Company?
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.
What is the process required for a Company of Change Directors Process?
Changing the Board
Rajput Jain & Associates can help effect changes to the Board of Directors of your Company by adding or removing Directors.
Our Experts will first understand the nature of change proposed to the Board of Directors and appraise you on the relevant procedures.
Based on the type of change proposed to the Board of Directors, our Experts will help you prepare the necessary documents that must be filed with the MCA.
Once the internal documents or resolutions are prepared, our Experts will file it with the MCA to effect the change in Board of Directors officially.
What is the maximum number of Directors allowed in a Company?
A Company is allowed to have a maximum of 15 Directors.
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.
What is the procedure for removing a Director 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.
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 Director or Secretary of the Company, to the Ministry of Corporate Affairs to appoint a Director.
A company is a legal entity and a juristic person established under the Act. Therefore a company form of organization has wide legal capacity and can own property and also incur debts. The members (Shareholders/ /Directors) of a company have no liability to the creditors of a company for such debts.
To become a Director of Company, a person must be at least 18 years old and posses Director Identification Number. Foreign Nationals can also be Directors of an Indian Company.
Director Identification Number
Director Identification Number or DIN is a unique number allotted by the Ministry of Corporate Affairs for any person who is a Director of a Company or proposes to be Director of a Company.
Board of Directors
A Private Limited Company must have a minimum of two Directors and upto a maximum of 15 Directors. The Directors do not have to be shareholders. However, they have to be over the age of 18.
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.
Removing a Director
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.
Rajput Jain and associates is the largest online service platform in India which provides easy solutions in starting their new business at affordable cost. We aim at helping the entrepreneurs at every legal and regulatory step. We stay as your partner during entire business cycle and ensure that the business keeps prospering and remains complaint.
Rajput Jain and associates is a network of experienced chartered accountants, lawyers, company secretaries, cost accountants, financial experts, expert bankers all over India to provide the needed services for small and medium size enterprises.
Want to know more about Rajput Jain & Associates?
All the information related to any client is considered confidential and never be disclosed to anyone.
Having years of experience in respective areas and backed by skilled and experienced workforce keep us ahead.
We believe in the building the good relationship with the clients that ensures the great impression.
If you are not happy with our services then you can request a refund within 30 days.
We provide 24*7 supports through phone, email and live chat.
You can pay online through EMIs, PayPal, net banking, debit card, credit card and more.
Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.
A US consultancy group
Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.
A Leading Service Provider
We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.
A Leading Consultancy Firm in Dubai