Change in Director
The composition in the Board of Directors can be changed either by
- Appointment
- Resignation
- Removal
- Change in designation
Every such change in compositionof the Board is to be intimated to Registrar of Companies.As per the provision of the Companies Act, 2013, every director shall be appointed by the shareholders of the Company. However, Board can also appoint additional director, who shall hold office from the conclusion of the Board meeting till the forthcoming Annual general meeting unless ratified by the Shareholders.Further, in case any director intending to resign from the directorship of any company, then he/ she may do so, by providing proper resignation letter to the Board of Director of the Company. Thereafter, E-form DIR-12 form is required to be filed with ROC within 30 days from the date of change of Composition. We at complianceship, help you to smoothly comply with the law for aforesaid purpose.
