addition resignation of a director partner
Summary
The addition or resignation of a director or partner in a company or partnership is a formal process that involves legal and administrative steps to ensure that the changes are properly recorded and compliant with relevant laws. Below, I’ll explain the process for both the addition and resignation of a director (for a company) and a partner (for a partnership).
Important Points:
- Maximum Number of Directors: A private company can have up to 15 directors, while a public company can have up to 15 directors without seeking approval from the Central Government. If the company wants more than 15 directors, it must pass a special resolution.
- Filing Fees: The filing of Form DIR-12 with RoC may involve a filing fee, depending on the authorized capital of the company.
Summary of Documents & Requirements
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