Confused about how to add a new director in a private limited company

An individual to be added as a director must be significant and qualified according to the Companies Act, 2013. For the appointment, the approval of the members is also needed. Connect with PareekG experts to know more about the procedure to add a director in company.

Easy and Simple Online Process to Add Directors in Your Company

Add a director with PareekG in 7 working days

 

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INTRODUCTION

A director is a person who is accountable for handling the day-to-day operations of a company. One can designate a director under Section 161 of the Companies Act, 2013, wherein any individual can be appointed as a director. The decision can be changed during the annual meetings of the organization. The authority to allow the appointment must be made through the permission of shareholders. Whether it is an appointment, removal, or resignation, the change does not take impact until the suggestion is made to the Ministry of corporate affairs.

If you find yourself in a situation where your director has left the organization or is not working on your content, you can always designate a new director. As companies typically have more than one director, is it not unusual to add a new director after the company registration is over. This article highlights how you can go about doing the same, no matter what your conditions are

Factors to keep in mind while adding/appointing a new director

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Eligibility

The New Candidate Must Be Eligible As Per The Companies Act, 2013. This Means That The Individual Should Be Over 18 Years And Should Not Be A Convicted Felon.

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DIN

A Director Of A Company Requires A Direct Identification Number, Also Known As A DIN. They Must Apply To Get One At The Ministry Of Corporate Affairs.

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Limited Directorships

As Per The Companies Act, 2013, A Director Must Have A Certain Number Of Directorships To Eligible.

 

Registration Process Flow

1-2 HOURS
Select Package

Select a package from our wide range of packages online, or speak to our customer care representative regarding your requirements.

 
2 WORKING DAYS
Apply for DSC and DIN

Director requires to submit a Digital Signature Certificate and a Direct Identification Number.

2 WORKING DAYS
Fill the Form DIR-2, Form DIR-12, and Form DIR-8

We will fill Form DIR-2, Form DIR-12, and Form DIR-8 at ROC.

 

Requirements for Addition of New Director

Minimum Requirements for Director

  • The director must be of age 18 or more.
  • He or she must qualify as per the laws mentioned under the Companies Act, 2013.

Documents required for Director

  • Self Attested Copy of Pan Card.
  • Self Attested copy of Aadhaar Card / Passport / Driving License / Voter Identity Card.
  • Passport size photograph.
  • Self Attested Copy of Telephone Bill / Mobile Bill.
  • Self Attested Copy of Electricity Bill / Water Bill.
  • Self Attested Copy of Bank Statement /Bank Passbook with the latest transaction.

Simple & Transparent Pricing

Basic Package

Save upto-10% cost on this package

₹ 7,999

(Inclusive All)

  • Name Search Report
  • Name approval in RUN (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing Spice Form
  • Issue of Incorporation certificate along with PAN & TAN
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
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Growth Package

Save upto-20% cost on this package

₹ 9,999

(Inclusive All)

  • Name Search Report
  • Name approval in RUN (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing Spice Form
  • Issue of Incorporation certificate along with PAN & TAN
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
  • GST Registration
  • Stamp and Company Seal
  • Bank – Current Account Opening
  • 10% Discount on Future Service
BUY NOW

Premium

Save upto-30% cost on this package

₹ 16,999

(Inclusive All)

  • Name Search Report
  • Name approval in RUN (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing Spice Form
  • Issue of Incorporation certificate along with PAN & TAN
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
  • GST Registration
  • Trademark Registration
  • 1month free GST filing
  • NDA
  • Guideline for Startup India Registration.
  • Stamp and Company Seal
  • Bank – Current Account Opening
  • 10% Discount on Future Service
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FAQ's on Add New Director

As per the Companies Act, 2013, only people can serve as Directors of Public and Private Limited companies. Hence, a corporate body cannot be designated as a Director of any company in India. Hence, if any LLP or Private Limited Company wants to work as a Director, they must assign a representative and then designate that person as a Director.
 
There is no requirement to subscribe to the shares by the director. However, if the Articles (AoA) of the company prescribe for any such subscription, it must be fulfilled as a condition for his appointment.
 
If the total number of directors is less than the number prescribed, the company shall appoint a director(s) in the company to fulfill the requirement within 6 months from the removal/resignation/death of the concerned director.
 
Yes, an NRI or Foreign National may be added as a Director in a Private Limited Company. In order to do so, they must have a valid Passport and a DIN. In case they do not have a DIN, they must apply for the same via the Company they wish to become a Director of. However, as per the Companies Act, 2013, at least one Director on the Board must be an Indian resident and the rest may be foreigners or NRIs.
 
An individual to be added as a director must be major and qualified under the Companies Act, 2013. For the appointment, the consent of the members is also required.
 
No, you are not required to obtain another DIN. It is permanently allotted and can be used for a person’s subsequent appointment in any company/LLP.
If you find yourself in a position where your director has left the company or is not working to your satisfaction, you can always appoint a new director.
The directors are efficiently the agents of the company, selected by the shareholders to maintain its day-to-day affairs. The basic rule is that the directors should work together as a board but typically the board may also assign certain powers to individual directors or to a committee of the board.
A private limited company is a company that is privately operated by directors and shareholders. It is not authorized to market its shares to public investors. Hence they are not entitled to sell on the stock exchanges.
A public company is a company that has the authority to issue registered bonds to the general public by an initial public offering (IPO) and it is sold on at least one stock exchange market.

1. Members– To begin a company, a minimum number of 2 members are needed and a maximum number of 200 members as per the terms of the companies act 2013.

2. Perpetual succession– The company manages on existing in the eyes of law even in the case of death, distress, the bankruptcy of any of its members. This drives to the perpetual continuation of the company. The life of the company remains on existing forever.

3. Index of members– A private company has a right over the public company as they don’t have to keep a list of its members whereas the public company is needed to maintain a list of its members.

4. A number of directors– When it comes to directors a private company requires to have just two directors. With the presence of 2 directors, a private company can come into services.