A Director is an existent who directs, manages, oversees or controls the affairs of the Company. He is appointed to the board of a company to perform the duties and functions in agreement with the provisions of the company Act, 2013. It may occur when the company wants to add a new director.
An organization's process for adding a director is as follows:
Step 1: To obtain consent of the Director in Form DIR 2.
Step 2: The director must give his digital signature.
Step 3: Director Identification Number (DIN) of the director.
Step 4: Issue notice to the shareholder and conduct an Extraordinary General Meeting.
Step 5: Issue appointment letter.
Step 6: Submission of DIR-12 form to ROC.
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