Directors are appointed by the shareholders of a Company for the management of a Company. As per Companies Law of 2013, a Private Limited Company is required to have a minimum of two Directors and a Limited Company is required to have a minimum of three Directors. On the other hand, a Limited Liability Partnership (LLP) has Designated Partners and Limited Liability Partnership Act, 2008 requires each LLP to have a minimum of two Designated Partners. The appointment or removal of a Director or Designated Partners may be required due to various reasons. Legal Suvidha Providers can help you file the necessary filings to add or remove a Director from your Company or add or remove a Designated Partner from your LLP.
So, the following points must be kept in mind while adding or removing a director in a company:
• That to become a director, a person must be at least 18 years old.
• He must possess DIN allotted by MCA in case of adding a director.
• Foreign nationals can also become directors in an Indian Company.
• Proper resolutions must be passed in board meetings for accepting directors & for accepting resignations of the going directors.
For effecting any change in LLP following points must be kept in mind:
• A resolution for effecting any change in LLP must be passed.
• A supplement agreement must be executed.
To add a Director or Designated Partner, Digital Signature must first be obtained for the proposed Director. Once Digital Signature is obtained, the proposed Director can be added into the Company with the consent of the shareholders. To remove a Director from a Company or LLP, it is important to ensure the Company or an LLP would have the minimum required the number of Director or Designated Partner after removal of the Director. If so, then the resignation letter along with the required form must be filed to effect the resignation of the Director.
Step 1: Change in Directors: Legal Suvidha Providers can help effect changes to the Board of Directors/Designated Partners of your Company/LLP by adding or removing Directors/Partners. Our Experts will first understand the nature of the proposed change and will request you to provide the relevant information and documents.
Step 2: Documents Preparation: Based on the type of change proposed to the Board of Directors/LLP, our Experts will help you prepare the necessary documents that must be filed with the MCA.
Step 3: Documents Filing: Once the internal documents or resolutions are prepared, our Experts will file it with the MCA to effect the change in Board of Directors/LLP officially.
Following information & documents are required for intimation to ROC about such change:-
Information
• Name & DIN of the new director of the Company.
• E-mail id & Mob. No. of new Director of the Company.
• Name of the director who is to remove from the directorship of the Company.
Documents
• Board Resolution for the appointment of Director.
• Appointment letter.
• Consent Letter.
• Board Resolution for removal of the director of the company.
• Resignation Letter.
• Acceptance of resignation letter.
• ID & Address proof of the Director.
• 2 Photograph of Director.
IN LLP
Following information and documents are required for the change in the LLP Agreement:-
Documents required
• Initial LLP agreement.
• Supplementary/amended LLP agreement containing changes.
• Consent to act as a partner/designated partner.
• Evidence of cessation.
• The affidavit or any other proof of a change of name in case form is filed for a change in name of the existing partner.
• Copy of resolution of the company in case the appointed partner is a body corporate.
• Copy of resolution/authorization of such body corporate also on letterhead mentioning the name and address of an individual nominated to act as nominee/designated partner on its behalf.
Information required
• Name & LLPIN of LLP.
• Name, DPIN & DSC of the authorized partner of LLP for filing form.
• Details of Business activities to be carried on by LLP on incorporation.
• Total no. of partners as on date.
• Details of each partner to contribute money or property or other benefit or to perform services and their profit sharing ratio.
• Name, father’s name, address, Date of birth, Occupation & e-mail id of the appointed partner in the LLP.
• Date of the event.
• Name, father’s name, address, Date of birth, occupation & e-mail id of cessation partner from the LLP.
• No. of LLP & No. of Company in which appointed partner is a partner or Director.
Fill out the application form & other details.
Make the payment through online mode.
We will process your application.
A mail will be send on completion.
We provide free of cost consultation and legal advice to our clients.
All our services are online no need you to travel from your place to get our services.
We are a team of more than 15+ professionals with 11 years of experience.
There are no hidden & extra charges* other than the quote/invoice we provide.
We aim that all our customers are fully satisfied with our services.
We value your time and we promise all our services are delivered on time.
In this Journey of the past 10+ years, we had gained the trust of many startups, businesses, and professionals in India and stand with a 4.9/5 rating in google reviews.
Explore more of our blogs to have better clarity and understanding
of the latest corporate & business updates.
Hello everyone! In today’s post, I want to discuss three crucial pillars that every founder
Logo Registration: Protecting Your Visual Identity Introduction In today’s competitive business world, your logo is
Brand Registration in India: Securing Your Business Identity In today’s competitive market, protecting your brand
IP India Public Search: What You Need to Know Introduction IP India Public Search is
Now get all the services required for your business in a single app.
Legal Suvidha has been a one-stop Compliance Provider for all start-ups and entrepreneurs.
Want to Setup your business in India? Connect with the best Online Registration, Licenses and Return filing solution providers for business across India. Since 2007, LegalSuvidha has been a one-stop shop for all startups or entrepreneurs looking for a chartered accountant, company secretary or lawyer. We have been ensuring Startups and SMEs are fully compliant with India’s legal system. Over the past 15 years, the depth of our offerings has increased and that too at affordable prices and customer satisfaction has made our standing different and we are giving a tough competition to other online facilitators of legal services in India. We have the best team for Company incorporation, Trademark Registration, Auditing, Advisory and Tax Filing for large, medium, small businesses and Startups in India.
Most of the budding entrepreneurs are in dilemma about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship? Each of these has its advantages and disadvantages. The type of entity should be chosen only after one round of consultation with our experts, as they will be in a better position to guide on the same. For example, Registering as a private limited company would be a good fit for any venture that will look for funding at a later stage. You can contact Legalsuvidha for any type of registration and advice you need for your business transactions. We assure you of great professional service at a reasonable price. You can connect with us for a free check on the Company name availability.
The importance of intellectual property is very much but most of the businesses are not aware of the same. We at LegalSuvidha simplify the process for you to register a Trademark for your brand, to get copyright for your artistic, creative ability and will also help you in patenting the process after a proper patent search patents which will ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At Legalsuvidha, we are very well equipped to handle all your IP requirements. We facilitate trademark applications in just two days, copyright registration for all your software, pictures, audio, and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.
To do any business in India, you need a license for almost everything. Started a manufacturing business? You need a GST Registration and a Trade License. For a food business, you need an FSSAI license. In case you have employees, You need a Professional Tax registration and Shops & Establishments Act Registration. If that’s not enough, you also need to file GST Returns and Professional Tax Returns.
There is a lot of importance of legal documentation when you start your business, whether with your Investors, partners/co-directors, employees and any vendors you deal with. By getting a lawyer to draft contracts or agreements with new vendors, employees, and investors, you’re ensuring that you have all the downsides covered. At LegalSuvidha, we connect you to lawyers who will deliver complex documents, from shareholders’ agreements and founders’ agreements to terms of service/privacy policy and non-disclosure agreements, at a reasonable cost in a few days.
It’s not enough to have started a private limited company or an LLP. You need to comply with all the requirements of the Ministry of Corporate Affairs, Central Board of Indirect taxes and Central Board of direct taxes once you register your business. You need to inform them of every relevant change you make, whether it is adding a director, removing a partner or increasing authorized share capital. You also need to file annual returns and maintain your accounts. In the case of a private limited company, you even need them audited. At LegalSuvidha, we facilitate all these services completely online. This means you can engage a professional on retainer for the year and we’ll ensure that all the formalities are completed for you while you focus on your business.
We are Authorized e-return Intermediaries and have recently launched our own ITR filing platform, this will help the salaried employees and businesses to get their ITR filed within the time and at a reasonable price. Through the use of automation, the system is highly effective and will help in filing ITR in up to 10 minutes for Salaried employees. We have on-boarded the best Chartered Accountants who will provide consultation for both Salaried employees and Businesses to file proper taxes to the government of India. This will help in avoiding legal notices in the future and will also help in getting the returns processed at the earliest. We are the first in the market to launch the ITR filing facility for FY 2018-19.
Legal Suvidha © 2013-2024. All Rights Reserved.
