Director Appointment Services

• Description: Assistance with appointing new directors in a company, including documentation preparation, board meeting resolutions, and filing required forms with the Ministry of Corporate Affairs (MCA). The process ensures compliance with eligibility requirements, such as obtaining Director Identification Number (DIN) and Digital Signature Certificate (DSC).
• Benefits: Streamlines the director appointment process, ensures regulatory compliance, and brings new expertise and governance to the company.

Key Services: – Preparation of appointment resolutions and board meeting minutes – Assistance in obtaining DIN and DSC for new directors – Filing Form DIR-12 with the MCA to notify of new director appointments – Ensuring compliance with statutory requirements such as shareholding disclosure and consent to act as a director

2. Director Resignation and Removal Services

• Description: Assistance with the formal resignation or removal of directors, including preparing board resolutions, updating company records, and notifying the MCA. This service ensures that the director’s exit is legally documented and all responsibilities are properly closed.
• Benefits: Provides a structured approach to director resignation or removal, minimizing the risk of disputes and ensuring compliance with legal requirements.

Key Services: – Drafting resignation letters and board resolutions for removal – Filing Form DIR-12 to update MCA records on the director’s departure – Updating statutory registers and company records to reflect the resignation or removal – Advising on any necessary shareholder approvals or additional compliance steps

3. Digital Signature Certificate (DSC) and Director Identification Number (DIN) Services

• Description: Assistance in obtaining, renewing, and managing Digital Signature Certificates (DSCs) and Director Identification Numbers (DINs) for directors. Both are mandatory for directors to engage in official filings and company matters.
• Benefits: Ensures directors are equipped with necessary digital credentials, allowing them to perform legally compliant duties for the company.

Key Services: – Application for new DSC and DIN for incoming directors – Renewal of existing DSC and update of DIN information, if required – Documentation and submission of proofs for verification and issuance of DSC and DIN

4. Annual Compliance for Directors

• Description: Assistance with annual compliance filings and disclosures required from directors, such as Director’s Disclosure of Interest (Form MBP-1) and annual declaration forms. This service ensures directors meet their statutory obligations and maintain transparency.
• Benefits: Maintains director compliance, minimizes the risk of penalties, and ensures transparency and governance within the company.

Key Services: – Assistance in filing annual disclosures of director interests in Form MBP-1 – Compliance with Section 184 and Section 164 (disqualifications) of the Companies Act – Guidance on related party transactions and required disclosures

5. Changes in Director Information and Roles

• Description: Assistance with updating the MCA on any changes in a director’s personal information, role, or authority, such as change of address, designation, or additional roles within the company.
• Benefits: Keeps company records accurate and compliant with regulatory requirements, enhancing the company’s credibility with regulatory authorities and stakeholders.

Key Services: – Filing of Form DIR-6 to update personal information such as address or contact details – Preparation of resolutions and filings to reflect changes in designation (e.g., from director to managing director) – Ensuring updated records in statutory registers and with MCA

6. Independent Director and Nominee Director Services

• Description: Support in appointing and managing independent directors and nominee directors to comply with statutory requirements, especially for public and large private companies. Services include identifying eligible candidates and handling their appointment, disclosures, and compliance requirements.
• Benefits: Ensures compliance with requirements for board independence, promotes good governance, and strengthens the board’s strategic expertise.

Key Services: – Assistance with eligibility checks and appointment of independent or nominee directors – Guidance on annual disclosures and conflict of interest compliance for independent directors – Filing of necessary documents and compliance with governance standards

7. Director Disqualification Resolution and Reinstatement Services

• Description: Specialized assistance for directors who have been disqualified under Section 164 of the Companies Act due to non-compliance (e.g., non-filing of financial statements or annual returns). Services include advising on legal remedies, filing necessary forms, and assisting with reappointment, if applicable.
• Benefits: Enables directors to resolve disqualification issues, reinstates compliance, and allows businesses to restore their board’s functionality.

Key Services: – Analysis of disqualification causes and advising on resolution strategies – Filing of pending compliance documents and completing MCA procedures for reinstatement – Representation for directors before MCA or other authorities, if required

8. Director Training and Compliance Advisory

• Description: Ongoing advisory services and training sessions to help directors stay updated on corporate governance practices, fiduciary duties, and new compliance requirements. This service is particularly beneficial for new directors or directors in growing companies.
• Benefits: Enhances directors’ understanding of their legal responsibilities, promotes good governance, and supports the company in maintaining high compliance standards.

Key Services: – Training on directors’ duties, rights, and responsibilities under the Companies Act – Periodic compliance updates on changes in regulations impacting directors – Advisory on corporate governance best practices and risk management strategies