A company can change its director by appointing a new director or resigning the old director of the Company. This change can be done by the company at any time after the incorporation of the company. Change in director includes mainly two categories: Appointment of Director and Resignation of Director.
Any company appoints a new director in the Company with the approval of shareholders in the General Meeting of the company. Once the resolution will pass in the meeting, the company is required to intimate the ROC about the appointment of the director in Form DIR-12 within 30 days from the date of his appointment.
What is Resignation of Director?
Any director of the Company can resign from the post of the directorship of the Company by giving his resignation letter to the company. In this situation also, the company is required to intimate the ROC about his resignation in Form DIR-12 within 30 days from the date of the resolution.
What is the time limit to update the details of Director changes?
Once the director has filed his resignation or consent letter to act as a director with the company, it is the responsibility of the company to intimate the changes to MCA within 30 days of such changes in the e-form DIR-12 required by MCA with necessary attachments within 30 days from the director change.
Meeting of the Board of Directors