Removal of Director From Private Limited Company - Overview

Every private company must have at least 2 directors, and in the case of a public corporation, at least three directors are required. A Private company has the rights to remove a director if he is caught in any of the incompetence stated as per the Act, absents himself/herself from board adherence for more than 12 months. If it enters into arrangements or agreements against the provisos of section 184, it gets barred by order of a court or is convicted by a court or Tribunal of any crime and condemned to imprisonment for more than 6months

How To Add Directors for Private Limited Company

According to section 260 and section 284 of the Companies Act, 1956, the Articles of Association of an organization are the wellspring of specialist from where the Board of Directors attracts the privilege to add new chiefs to the Board or expel existing ones. The Articles of Incorporation must accommodate the expansion of Directors. The individual designated must be qualified according to the applicable conditions in the Articles of Association and must give his agree to be a chief in composed shape which the organization must enroll with itself.

Points to Remember before considering Change in Directors

Private Limited Company- The minimum amount of directors in a private limited company is two.

​Public Limited Company- The minimum amount of directors in a public limited company is seven.

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There are 15 directors allowed for a private limited company.

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Every director who is appointed as per the provisions of the Companies Act, 2013 has to have a Director Identification Number (DIN).

Foreign directors are allowed to be appointed in both private and public companies

Any director who is removed formally from the board must secure an opportunity to be heard.

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The director who is resigning must submit the resignation letter to the board of directors. Within 30 days of resigning the director has to file Form DIR-11 to the registrar of companies

Documents Required For Change in Director

PAN Card

PAN Card of shareholders and Directors.
Foreign nationals must provide a valid passport.

Photograph

Latest Passport size photograph of Shareholders and Directors.

Identity Proof

Aadhar card and Voter ID/ Passport/ Driving License of Shareholders and Directors.

Director’s Address

Director’s Address Proof

Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors.

Business Address Proof

Latest Electricity Bill/ Telephone Bill of the registered office address

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