Director Change
Professional assistance for smooth appointment, resignation,
or replacement of directors in your company.
Director Change refers to the process of appointing a new director or removing/resigning an
existing director in a company as per the Companies Act, 2013. Any such change must be reported
to the Ministry of Corporate Affairs (MCA) through prescribed ROC forms within the specified
time to ensure legal compliance and updated company records.
What is Director Change?
Director Change is the formal procedure of updating the company’s board structure by adding,
removing, or replacing directors. This includes appointment of new directors, resignation of
existing directors, or change in designation. The process involves board resolutions, consent,
and filing of forms like DIR-12 with the MCA to reflect the updated directorship.
(ii). Who Needs
Director Change?
- Growing Companies adding new expertise
- Directors Resigning from position
- Companies restructuring management
- Startups onboarding new directors/investors
- Businesses replacing inactive or disqualified directors
Documents
Required
- PAN Card of Director
- Address Proof
- Director Identification Number
- Digital Signature Certificate
- Consent Letter (DIR-2)
- Resignation Letter (if applicable)
- Board Resolution
- Shareholder Resolution (if required)
- Others
How to Apply for
Director Change?
Director Change must be filed online through the MCA portal using
prescribed forms:
Basic Steps:
- Conduct a board meeting to approve appointment/resignation/removal.
- Obtain consent and required documents from the director.
- Pass necessary board/shareholder resolutions.
- Prepare and file DIR-12 form with MCA within 30 days.
- Attach supporting documents (consent/resignation/resolution).
- Verify using Digital Signature Certificate (DSC).
- Submit the form online on MCA portal.
- ROC verifies and updates company records.
Advantages and
Limitations
Advantages
- Helps bring new expertise and leadership into the company.
- Ensures compliance with Companies Act requirements.
- Enables smooth business restructuring and growth.
- Maintains updated and transparent company records.
Limitations
- Mandatory ROC filing within strict timelines.
- Requires multiple approvals and documentation.
- Non-compliance may lead to penalties.
- Changes must be reflected across all legal and financial records.
Why Choose HIVA
Professionals?
-
Complete ROC Filing Support
End-to-end assistance for director appointment or resignation.
-
Accurate Documentation
Preparation and verification of all required documents.
-
Timely Compliance Filing
Ensures filing within deadlines to avoid penalties.
-
Expert Legal Guidance
Professional support as per latest MCA rules.
-
Hassle-Free Process
Smooth and quick updates in company records.
