Company Director, Change

The Company may appoint or remove a director. The board of directors is generally authorized to appoint a director to fill casual vacancies caused by the resignation of an established director. But, shareholders must approve the appointment of a new Director by the Board of Directors in an Extra-Ordinary General meeting.

Changing Director/Designated partner

For the management and supervision of a company, shareholders appoint Directors. Companies Law of 1956 stipulates that Private Limited Companies must have at most two Directors. Limited Companies require at least three Directors. A Limited Liability Partnership, or LLP, requires a minimum of two Designated Partners. Also, the Limited Liability Partnership Act, 2008. Mandates that every LLP has at least two Designated Partners. For various reasons, the appointment and removal of Directors or Designated partners may be required. Dobizindia Business Solution Private Limited can assist you with the filings necessary to add or remove a Director or Designated Partner from your LLP.

Digital Signature must be obtained first for any Director or Designated Partners. Once the Digital Signature is received, the proposed Director can be added to the Company with consent from the shareholders. A Company or LLP must ensure that it has at least one Director and Designated Partner. In this case, you must file the resignation letter and the required form to affect the Director's departure.