Common Questions
Most Popular Questions
The process involves obtaining Director Identification Number (DIN), drafting and filing of appointment resolution, updating company records, and filing necessary forms with the Registrar of Companies (RoC).
Any individual meeting the eligibility criteria and not disqualified under the Companies Act, 2013, can be appointed as a director in a private limited company.
The individual must be at least 18 years old, mentally sound, not declared bankrupt, not disqualified by a court, and not an undischarged insolvent.
Yes, a foreign national can be appointed as a director in a private limited company, subject to compliance with applicable regulations, obtaining necessary approvals, and fulfilling eligibility criteria.
Documents such as identity proof, address proof, consent to act as a director, declaration of non-disqualification, and appointment resolution are required for filing with the RoC.
At least three directors are needed, with at least one Indian resident director.
Yes, CCA offers comprehensive support, from obtaining DIN and DSC to board resolution drafting, document filing, and post-appointment formalities.
Yes, an existing director can be reappointed for another term by passing a resolution at the annual general meeting (AGM) or extraordinary general meeting (EGM) of the company.
The newly appointed director must act in the best interests of the company, exercise due diligence, comply with laws and regulations, and contribute to the company's growth and success.
No, the Companies Act, 2013, does not prescribe a maximum limit for the number of directors in a private limited company, but the Articles of Association may specify any such limits.
Can Avenue Advisory assist with the appointment of directors in private limited companies?
Avenue Advisory ensures compliance with appointment procedures by guiding clients through the process, verifying eligibility criteria, preparing accurate documents, and filing necessary forms with the RoC within the prescribed timelines.
Late filing or non-appointment attracts penalties and potential legal complications.
