Director is an individual appointed to manage and take business decisions of the Company and group of directors collectively form Board of Directors. As per statutory requirement one person company should have minimum one director, Private Limited should have minimum 2 Director and Public Limited should have minimum of three director which may extend to maximum of 15 directors. Provided that a company may appoint more than 15 directors after passing a special resolution. The additional director can be appointed by passing a Board resolution and filing Form DIR 12 within 30 days from the date of such appointment.
Increase in director will increase the decision making power as more ideas will be introduced.
The Directors take decisions on behalf of the Company and are appointed in the Company with motive to bring in innovative ideas for development.
Arrange and provide list of documents as per the checklist shared.
he Board resolution is required to be passed for appointment.
Form DIR 12 for appointment within 30 days of passing resolution is required to be filed.
Issue letter of appointment
An individual appointed to manage and take business decisions of the Company is Known as Director and group of directors collectively form Board of Directors.
No, Company cannot become a Director of the Company.
A Company can appoint maximum of 15 directors which can further be increased by passing a special resolution.
No, DIN is a mandatory requirement to become a director.
No, a Director cannot hold two DIN at the same time and will be required to surrender one of the two.
The entire registration process can be completed within 7 working days depending upon the time taken by registrar for approval of application filed. If the forms doesn't get approved in first application then the time period for completing the process may get extended accordingly.
As per spice, DIN is allotted to maximum of three directors through single window of spice.
Further the DSC of only two directors/subscribers is included in package and any addition will be charged additionally.
Bhanu is a person to count upon, with his expertise in his domain and knowledge he brings on you can reach him with a problem any time. His appetite to listen and understand the issue makes him the man for the job. He is proactive, energetic and a resourceful guy. My best wishes to Bhanu and Startup seven for future endeavour.
Founder at Addensure Media LLP
Startup Seven is perfect to partner with in your startup or corporate journey. Seamless service and support provided by team is really helpful specially when you are trying to setup your venture. I would like recommend Startup Seven to every startup.
Founder Onmytap - NETWORK FOR PROFESSIONAL GROWTH
Bhanu is one of the most sincere and trustworthy person I have come across. He is extremely ethical and is completely customer focused. His hard work and dedication is commendable and with him handling the legal as well as taxation things are always in order and compliant. Keep up the good work Bhanu. Wishing you more and more success as you grow.
Co-founder, Executive - Brightsandz Clean Tech Pvt Ltd