Director Addition

Additional of a director

The Board of Directors of a Company, if authorized by the Articles of Association, may appoint an additional director. The power conferred on the directors to appoint an additional director is a temporary power vested in them, and this will be subject to revision or confirmation in the General Meeting.

Eligibility of Additional Directors for Re-appointment

Section 160 of the 2013 Act provides any person other than retiring directors has the right to stand for directorship. Such a director is considered eligible for the post provided that a notice in writing is sent to the registered office of the company at-least 14 days prior to the general meeting proposing such person as a director.

He or she should not have been sentenced to imprisonment for any period, or a fine imposed under a number of statutes.

He or she should be a resident of India. ‘Resident’ includes a person who has been staying in India for a continuous period of not less than twelve (12) months immediately preceding the date of his or her appointment as a managerial person and who has come to stay in India for taking up employment in India or for carrying on business or vocation in India.

For Appointment of Director

a. Certified true copy of Ordinary Resolution
b. Details of Interest in other entities
c. Form DIR-2- Consent to act as a Director
d. Form DIR-8-Intimation by Director about his disqualification

REQUIRED DOCUMENTS :

• Passport
• Identification proof (PAN card)
• Proof of residence (electricity bill, rental agreement, Aadhar Card, voter ID, passport, driving licence)
• Passport size photograph
• Digital signature certificate of the proposed director
• PAN card: mandatory for an Indian applicant
• Passport: mandatory for a foreign applicant.