Director of a company is a person delegated by the shareholders to manage the activities of the company. Legally, it’s advisable to make any change in the Board of Directors (B0D) of a company as per the provisions given in the Companies Act of 2013. The need for change in the director of a company must be duly justified and approved by all the shareholders/existing directors of the company. Change in director means either removing a director from the Board of Director list or appointing a new director to the Board of Directors list.
Types of Directors in a Company
Managing Director: MD is a Director, who by virtue of AoA of a company or a written agreement with the company or a resolution passed in company annual general meeting or by its Board of Directors, is delegated with significant powers of managing the businesses activities of the company
Executive Director: An ED is an employee of the company and is deeply involved in managing the business activities of the company
Alternate Director: Alternate Director can be appointed by the Board of Directors in a general meeting to act for a Director called the original director during his/her absence for a period of not less than 3 months
Ordinary Director: Ordinary Director generally attends the Board Meetings of a company and participates in the discussions put before the Board of Directors
It is completely internal policy of a company to add or remove a Director. There might be many reasons to add or remove, like a Director is resigning from the company, going for a leave or medical conditions, termination / removal of a director etc.
Step 1: Corpseed received your request for adding or removing Director
Step 2: We will assign a dedicated resource who is professionally skilled in add or removal of directors. You can get in touch with the assigned resource at any point of time for consultation and assistance regarding the change in Directors throughout your journey with Corpseed.
Step 3: Our resource will collect all the required documents/information and file a change in Director with MCA.
Step 4: Our resource will draft new MoM & AoA.
Step 5: Above 5 steps completes your request for the change in Directors.
Procedure to remove or Add a Director
Step 1: - The procedure for removing a Director from the Board of a company would entirely depend on the existing Board of Directors.
Step 2: - Once you get an understanding of the procedures of removing a Director from your Company, we will draft the obligatory Resolutions for the procedure.
Step 3: - After the Board Resolution is passed, we will prepare and file the compulsory documents with the MCA to register the removal or addition of Director
How to get Add/Remove Director or Partner?
Connect With Corpseed
Connect with the team corpseed to discuss specific requirements for your business at IVR: +91 7558 640 644 or firstname.lastname@example.org. It takes 20-25 minutes to discuss requirement.
Once you discuss the requirement, we will align a dedicated Account managers are here to help understand your business and provide best solutions and assist you with the entire process.
Real Time Update
Use our platform to track progress of application and many more. Always know what is going on with your application, what is in progress, and what is done.
Once job is completed, you will receive documents directly to your email ID and at your doorstep along with 30 days payback guarantee incase not satisfied with the services.
At Corpseed, we are committed to offer our services to the entrepreneurs and businesses as a very cost-effective proposition. We believe that a customer is always right and the focus of any business activity should be to serve the customer with utmost loyalty. All our services come with SLAs (Service Level Agreements) for on-time service delivery and money back guarantee to ensure high level of customer satisfaction.
At Corpseed, our valued customers are always kept in the loop as far as service delivery timeline is concerned and we inform our customers every time a milestone is achieved during each stage of service request processing. But we also believe that we may come across a customer who is not satisfied with our efforts. For that we have a very responsive Customer Care Department which work 24x7 to attend to and solve customer complaints. We also have a money back guarantee for those, who want their service charges to be refunded.
At Corpseed, We believe it is our responsibility to protect our customer information from unauthorized access. We have put systems and processes in place to make sure that the customer information is safe with us during its storage and transfer between in house and third party servers. We continuously test our systems and processes for security breach and vulnerabilities are identified and fixed at a regular basis.
If a customer is not satisfied with the service we provided and if he contacts our customer care helpline and files a formal complaint within 15 days of service delivery date, Corpseed would refund the entire or partial amount of Professional Fee charged for that particular service.
If a customer is having issues with our service delivery process, he has various alternatives available at his disposal to register his grievance with us. He can either email his complaint at email@example.com or he can call our 24x7 Customer Care Helpline. Also, any customer is always welcome to visit our office to lodge a complaint with the senior management.
A customer can buy our services directly from our online platform, for which he need to make online payment. Once he clicks on "Apply Now", a new window will open, a customer is required to submit the information in the respective fields and click "Make Payment". A unique ticket number will be auto generated, the customer need to quote this number as reference for any enquiry regarding his service request.
All the monetary transactions performed on Corpseed online platform are secured with SSL System Protocol. We encrypt the customer information such as credit card and bank account details, before these are transmitted anywhere. We adhere to PCI DSS for data security standards for payment processing.
MCA on part of updating its registry, would be conducting KYC of all Directors of all companies and annually through a new e-form viz. DIR-3 KYC as notified vide MCA’s notification Read More
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