Change in director desig to whole time director -pvt ltd co

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Abhinav (Querist)
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06 February 2015 Hi,

For a private limited company, we need to change the director designation to Whole time director.
As i could gather from various articles, following steps need to be followed:
1. Notice to Board Meeting (It will also have WTD agreement)
2. In the meeting, following will be agreed upon
a) Board resolution for WTD appointment
b) Consent of the director to act as WTD
c) Signing of DIR 2 form again by director
d) Agreement on WTD remuneration etc

3. File Form MGT-14 within 30 days of passing of resolution
4. File Form DIR-12 within 30 days of passing of resolution.
5. Agreement by Shareholder's in GM
6. File Form MR-1 within 60 days of passing of resolution

However i have following questions here:
Q1. Is the above process complete or something is missing
Q2. Do we have to really get the DIR 2 signed again
Q3. What form/ resolution should be filed/ signed to indicate shareholder's approval
Q4. Will need templates of documents that need to be attached with MR-1

c.bakshi

c.bakshi (Expert)
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07 February 2015 1. the procedure is complete in all respects.
2. yes, DIR-2 is a consent to act as director
3. mgt-14 is a form used for approval of member i.e. special resolution along with agreement
4. attach a copy of agreement, dir-2 with the mr-1

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