About This Plan
If you are planning to expand your business, you are required to make certain changes in your Memorandum of Association and Articles of Association. In this plan we will provide assistance to you about the changes in MOA and AOA.
Services covered under this plan
- Required Documentation
- Filing of the Form DIR-12
- DIN Application
Who can buy this plan?
- A company who wants to appoint, remove a director
- A company who wants to change the designation of the director
How the Plan Works?
- Necessary Documentation
- DSC Application
- Apply for DIN
- Meeting of the Board of Directors
- Filing of Form DIR-12
- Approval for the new director’s name
Information Menu
Documents Required
- Director’s Appointment letter/Resignation letter
- MBP-1 that acts like the declaration in the interest of the other entities
- Acceptance letter
- Copy of Address Proof and PAN
- DSC of director approving appointment or resignation
- DIN of the Director who is being appointed
- Resolution for the Appointment/Removal of director
FAQs
What is the age limit to become a director?
There is no specific age limit be the director of a company, but the minimum age to become a director as per Section 157 of Companies Act is 21years.
Are there any specific rules for the women directors?
As per Section 149 (1) (a) second proviso requires certain categories of companies to have At Least one woman director on the board. Such companies are any listed company, and any public company having-
- Paid Up Capital of Rs. 100 cr. or more, or
- Turnover of Rs. 300 cr. or more.
Who is an independent Director?
An independent director is a director apart from the managing director or a whole-time director or a nominee director who does not have any material relationship with the company/ directors.
