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Directors Requirement
Can shareholders be directors of that company.
Replies (5)
Quick Summary
Yes shareholders can be director of that company
@ Ms CS Rashi Jain.,
Please give some clarification...
The shareholders can be directors to immediate response
or
Any forms to be file as Company's act...
Please give some clarification...
The shareholders can be directors to immediate response
or
Any forms to be file as Company's act...
Shareholder can become director of a company.Its not an immediate response.Provisions,Procedure & forms applicable for non shareholder are same for shareholder.DIR 3 for DIN & DIR 12 for appointment should be filed
You need to convene a Board meeting,pass br , ifnot having din apply for DIN in DIR3 form. post din allotment file DIR 12 with required attachment appointment as Additional Director.
Both are different positions one can hold both position unless there is no restriction in articles. becoming shareholder is a different procedure and becoming Director is a different.
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