Add a Director

Register today

Please enable JavaScript in your browser to complete this form.

Adding a Director

Adding a director to a company is a multi-step process that requires careful attention to legal compliance. The specific procedure varies based on the company’s type and jurisdiction, but there are general steps common to most situations.

This is a simplified overview, and TechMunshi can handle most of these steps for you. Our team will guide you through any additional formalities required after this basic process.

Why Add or Change Directors?

Companies may need to add or change directors for several reasons, including:

  • Expanding the board of directors
  • Replacing a retiring director
  • Appointing a director with specific skills or experience
  • Addressing disqualification of a current director
  • Responding to changes in company ownership

Types of Directors

  1. Executive Directors: Involved in day-to-day management with titles such as CEO, CFO, or COO.
  2. Non-Executive Directors: Provide independent oversight without daily management duties.
  3. Independent Directors: Non-executive directors with no financial interest in the company other than their directorship, protecting shareholder interests.

Process of Adding a Director

  1. Review Articles of Association (AoA): Ensure the AoA allows adding a director. Modify the AoA if necessary.
  2. Obtain Consent: The proposed director must consent to the appointment via a director appointment form.
  3. Board Resolution: Pass a board resolution to appoint the new director.
  4. DSC and DIN: Obtain a Digital Signature Certificate and Director Identification Number for the new director.
  5. Documentation: Collect necessary documents and complete forms DIR-2, DIR-12, and DIR-8 for submission to the Registrar of Companies (ROC).