How to change directors in a private limited company in India?

To change directors in a private limited company anywhere in India, you need to follow the legal procedure as per the Companies Act, 2013. Here are the steps involved:

1. Board Meeting: Convene a board meeting to approve the resignation of the existing director (if applicable) and/or the appointment of a new director. The board will pass the necessary resolutions.

2. Consent and Documents: Obtain the consent in writing from the new director and ensure they meet the eligibility criteria. The new director must also submit necessary documents such as DIN (Director Identification Number), PAN, and address proof.

3. File Resignation (if applicable): If an existing director is resigning, they need to submit a resignation letter to the company.

4. File Forms with MCA:

   • For appointment of director: File Form DIR-12 with the Ministry of Corporate Affairs (MCA) within 30 days of appointment.

   • For resignation of director: File Form DIR-12 for resignation as well.

5. Update Registers: Update the Register of Directors and Key Managerial Personnel and other statutory registers maintained by the company.

6. Intimate Stakeholders: Inform other stakeholders if necessary, such as banks, tax authorities, etc.

7. Annual Return Update: Reflect the change in the next Annual Return (Form MGT-7) and Annual Filing (Form AOC-4).

You can also seek assistance from StartFilings for a smooth process.

Director Add/Remove page

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