Directors Requirement

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374 Points Posted on 12 April 2020
Can shareholders be directors of that company.
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On 12 April 2020 at 23:20 Report
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Yes, shareholders can indeed be directors of a company, provided there are no restrictions in the company's articles. The process involves convening a board meeting, passing a resolution, and filing necessary forms like DIR-3 for a Director Identification Number (DIN) if one isn't already held, and DIR-12 for the appointment. While holding both positions is permissible, the procedures for becoming a shareholder and a director are distinct.

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Practicing Company Secretary @ RASHI JAI
1300 Points Posted on 13 April 2020
Yes shareholders can be director of that company
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On 13 April 2020 at 07:53
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"Do the Right Thing...!!!"
128157 Points Posted on 13 April 2020
@ 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...
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On 13 April 2020 at 08:37
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Article Assistant
411 Points Posted on 13 April 2020
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
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On 13 April 2020 at 10:43
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Company Secretary
36678 Points Posted on 13 April 2020
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.
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On 13 April 2020 at 17:39
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82 Points Posted on 15 April 2020
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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On 15 April 2020 at 02:01

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