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Changing Director in Company
Directors are appointed by the shareholders of a Company for the management of a Company. As per the Companies Act of 2013, a Private Limited Company is required to have a minimum of two Directors, and a Limited Company is required to have a minimum of three Directors. On the other hand, a Limited Liability Partnership (LLP) has Designated Partners, and Limited Liability Partnership Act 2008 requires each LLP to have a minimum of two Designated Partners. Appointment or removal of a Director or Designated Partners may be required due to various reasons. IndiaFilings can help you file the necessary filings to add or remove a Director from your Company or add or remove a Designated Partner from your LLP.
To add a Director or Designated Partner, you must first obtain the Digital Signature for the proposed Director. Once the Digital Signature is obtained, the proposed Director can be added to the Company with the consent of the shareholders. To remove a Director from a Company or LLP, it is important to ensure the Company or an LLP would have the minimum required number of Director or Designated Partner after removal of the Director. If so, then the resignation letter along with the required form must be filed to effect the resignation of the Director.