Know Your Compliance for Adding a Director in a Company
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At BizSetupGlobal, we provide comprehensive accounting and compliance services designed to empower Limited Liability Partnership firms like yours to thrive and succeed.
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Basic Facts on Directors in a Company
- Section 2 (34) of the Companies Act defines "director" as a board-appointed director. As per the Companies Act 2013, a director is a person appointed to perform company duties.
- The shareholders elect the Board of Directors to run the company. Companies can only act through natural persons because they are legal entities. Humans are the only way Directors can act. The Board of Directors manages a company.
- Other definitions say a director manages, controls, or directs. Directors supervise, control, and manage. He is appointed or elected by the shareholders of a company to manage and direct its affairs.
Types Of Director In Company
Managing Director
Whole-time Director or Executive Director
Ordinary Director
Additional Director
Independent Director
Nominee Director
Process To Add A Director To A Company In MCA
The first step is to obtain the consent of the proposed directors
According to Form DIR-2, the proposed director must consent before the company can propose him to the director.
Digital Signature Certificates of the Proposed Directors
In case the proposed directors of the company do not have Digital signatures, they need to obtain a DSC.
Get the Director's Identification Number (DIN)
If the Proposed Director does not have a DIN, then the company should apply for the DIN of the proposed person.
This resolution is to be attached to the form DIR3.
This DIN that is allocated once can be used for a lifetime.
DIN can be obtained for any person who is above the age of 18.
Also, the nationality of the proposed does not matter.
Hence, Indian Nationals, Non- Resident Indians, and Foreign Nationals can obtain the DIN and be appointed as Directors in a Private Limited Company in India.
Online Registration Process
Select the package that suits you.
a. list of services purchased
b. documents to be submitted or next action.
Once documentation is complete, you will be informed about the next steps through email and sms, and you can also check the current status of your request in your personalised dashboard.
Make a payment, and you will receive your personalised dashboard login and password.
If you have any questions during the process, you can contact us via the Helpdesk system in your dashboard, and we would be pleased to assist. We can even call you if necessary.
At each step, our team will share all the required information needed by you and ensure that you have a smooth experience with us.
Once you submit the required documents, our Compliance Manager will review the documents and contact you in case of any discrepancies.
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