Appointment of Director

A Director is a senior management personnel who manages the business of the Company. A person is first appointed as an Additional Director by passing a resolution by the Board of Directors and is then confirmed as a Director by the Shareholders at the upcoming Annual General Meeting of the Company.

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The process of appointment of a Director in a Private Limited Company is governed by the Companies Act, 2013 and the Company's Articles of Association. The process typically includes the following steps:

1. The Board of Directors must pass a resolution proposing the appointment of the new Director.

2. The resolution must be ratified by a majority of the shareholders at a general meeting.

3. The new Director must file a declaration of eligibility and consent to act as a director with the Company.

4. The Company must file a form with the Registrar of Companies, along with the necessary fees, to register the appointment of the new Director.

5. The new Director must also obtain a Director Identification Number (DIN) from the Ministry of Corporate Affairs and a Class 3 Digital Signature Certificate (DSC) .

It's important to note that there are certain disqualifications for appointment as a Director as per Section 164 of the Companies Act 2013. Such as, person who is of unsound mind, person who is an undischarged insolvent, person who has applied to be adjudicated as an insolvent etc.