A Director in a company is appointed according
to the company act 2013, by the shareholder of the company. The objective of
appointing the Director in a company is to ensure smooth functioning and better
productivity, thereby the company could grow and sustain in the competitive
market. The change in the board of directors is possible at any time when
needed. The changes in the Board of Directors are possible either through
demand or there is the requirement of an expert on the board due to the resignation
or death of an existing director.
The procedures involved in
changes in the board of directors are quite complicated, there are so many
tricky procedures like:
· Annual general meeting to appoint a new
director, written consent from the concerned unit in Form DIR-2 is mandatory
for acting as a new director.
· Resignation of a Director (Section 168 of the
Companies Act 2013) to the concerned ROC in Form DIR-11, within 30 days.
· In case of resignation or appointment, the
related company needs to submit a copy of the resolution in the annual board
meeting, along with the Form DIR-12 to the concerned ROC, within 30 days from
the effect of the resolution.
· Related company needs to make necessary entries
in the register of director, according to the provision of section 170 of the
new Indian Companies Act of 2013.
Therefore, to complete the aforementioned
procedures smoothly legal advisory services for changes in the directors of the company are advisable. Taking legal advisory services is the best way for
companies to manage their complex and time-consuming matters efficiently. There
are primary advantages of hiring legal advisory services.
·
Clients get the best services and the company’s
sensitive data remains secure.
·
It is cost-effective and proves beneficial for
organizations.
·
Round the clock effective services.
· Taking legal services reduces the workload of organizations.
Global Jurix
S-191 C, 3rd floor, Manak Complex
School Block, Shakarpur
New Delhi - 110092, India,
Website:www(dot)globaljurix(dot)com
Call at: +91-9810-062-387
Mail at: corporate(at)globaljurix(dot)com
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