Can additional director be Regularised in AGM?
Can additional director be Regularised in AGM?
In accordance with the provisions of Section 161 of the Companies Act, 2013, an Additional Director of a Company is appointed, who holds office upto the date of the ensuing Annual General Meeting (AGM).
What is procedure for Regularisation of additional director in AGM?
Procedure for Regularization of Director Convene the general meeting and pass the Ordinary Resolution for the same. File the Form DIR-12 with the registrar of companies within 30 days from the date of passing of the resolution approved by the Members.
How do you Regularise additional director in a private company?
Procedure of Regularisation of Additional Director as Normal director:
- Hold Board Meeting for calling AGM.
- Dispatch Explanatory Statement along with Notice of AGM to the members.
- Hold General Meeting and pass Ordinary Resolution for the appointment as Director.
How do I change directors to additional directors?
Hold General Meeting and pass Ordinary Resolution for the appointment as Director. Filling of E Form DIR 12 with the registrar for the intimation of Change in Designation i.e. from Additional director to Director of the Company.
Can additional director be reappointed?
3. The Board may, if so authorized by articles otherwise, Additional Director may be appointed by passing a resolution at general meeting. Hold the Board meeting and pass resolution for appointment of an additional director. 8.
How do I change my designation from additional director to director?
What is additional director?
Section 161(1) provides that the articles of a company may confer on its Board of Directors the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an additional director at any time who shall hold office up to the date of the next annual general meeting or …
Can additional director resign?
A director may resign from his office by giving notice in writing to the company. The Date, If Any, Specified by The Director in the notice, whichever is later. The Board shall, on receipt of such notice within 30 days intimate the Registrar in e-Form DIR-12.
Can a company have only additional directors?
CA Hardik Bunha 23 June 2012 A company will appoint additional director to the extent fixed by ARTICLES OF ASSOCIATION. Hence total number of director and additional director shall not exceed the limit fixed by AOA. If this limit exceed approval of central government is compulsary.
What documents are required for Regularisation of additional director?
Documents required for regularisation of additional director
- Consent letter to act as Director in Form DIR-2 along with the copy of identity proof and address proof.
- Declaration that he is not disqualified as required under Section 164(2) of the Companies Act, 2013.
- Disclosure of Interest in Form MBP-1.
Is additional director a whole time director?
Yes you can appoint Additinal Director (AD) as WTD. – In AGM there is no need for appointing WTD again as he is already appoint by Board in case of Pvt company and in only he needs to be regularised. But if Public than members approval is required.
What is regularisation of additional director?
AGM Resolution Format for Regularisation of Additional Director In accordance with the provisions of Section 161 of the Companies Act, 2013, an Additional Director of a Company is appointed, who holds office upto the date of the ensuing Annual General Meeting (AGM).
Can Additional Director be appointed under Companies Act 2013?
Additional Director under Companies Act, 2013 Section 161 (1) of the Companies Act, 2013 speaks about the appointment of the additional director. The Board of Directors may appoint an additional director to the Board only if they have given power in articles of association.
Who is required to be regularized as the director of the company?
Every Director who is appointed as the Additional Director of the Company is required to be regularized as the Director of the Company in the upcoming general meeting of the Company. Below is the format of regualarization of director at an annual general meeting of the Company.
What is the role of Additional Director of a company?
In accordance with the provisions of Section 161 of the Companies Act, 2013, an Additional Director of a Company is appointed, who holds office upto the date of the ensuing Annual General Meeting (AGM).
