Legally appoint or remove directors in your company with complete ROC compliance and documentation handled by Biz Pillar.
Seamless Board Management & ROC Compliance The Board of Directors is the brain of a company, and its composition often evolves to meet new business challenges. Under the Companies Act, 2013, the appointment, resignation, or removal of a director is not just an internal decision—it is a strictly regulated process that must be reported to the Ministry of Corporate Affairs (MCA).
Biz Pillar manages the complete lifecycle of this transition. From drafting the necessary Board Resolutions to filing e-Form DIR-12, we ensure that your company's official records are accurate, up-to-date, and fully compliant with the law, helping you avoid penalties and maintain good governance.
1. What Triggers a Director Change?
A change in the board structure is triggered by specific events that alter the management hierarchy. These events must be formally recorded and filed with the ROC within 30 days.
Appointment of New Directors: Bringing in new leadership, whether as an Additional Director, Executive Director, or Nominee Director to expand the board's expertise.
Resignation: When a director voluntarily steps down due to personal reasons, professional conflicts, or health issues.
Removal: The removal of a director by shareholders (via Ordinary Resolution) or due to disqualification (e.g., failure to file annual returns or court conviction).
Change in Designation: Promoting an existing director (e.g., from "Additional Director" to "Whole-time Director") or changing their status from Executive to Non-Executive.
Death of a Director: In the unfortunate event of a director's demise, the casual vacancy must be filled and reported to the ROC immediately.
2. Why Compliance is Mandatory
Timely filing of director changes is critical for the legal and financial health of your business. It is not just about avoiding fines; it affects your company's credibility.
Legal Validity: Any contract signed or decision made by a director who is not officially registered with the ROC can be challenged in court and declared void.
Banking & KYC: Banks verify the authorized signatories against MCA records. If your bank signatories do not match the ROC master data, your accounts could be frozen.
Avoid Heavy Penalties: Delay in filing Form DIR-12 attracts heavy additional fees (up to 12 times the normal fee) and potential prosecution for the company officers.
Investor Confidence: Investors and partners conduct due diligence. A discrepancy in board records signals poor governance and can derail funding deals.
Liability Protection: For a resigning director, filing the correct forms effectively marks the end of their liability for the company’s future acts.
Eligibility Criteria
Before initiating a change in the directorship, specific eligibility criteria and documentation must be met to ensure the process is valid.
Who is Eligible to be a Director?
Age: Must be at least 18 years old (for managing directors, typically 21).
Natural Person: Only individuals can be directors; corporate bodies or firms cannot.
DIN Holder: The individual must possess a valid Director Identification Number (DIN).
Clean Record: Must not be disqualified under Section 164 (e.g., declared insolvent, convicted of an offense involving moral turpitude, or associated with a non-compliant company)
Indian Partnership Act, 1932 – governs formation and functioning of partnership firms
Indian Contract Act, 1872 – defines eligibility and capacity of partners
Registration is handled by the Registrar of Firms at the state level
Types of Partnership Firms
Choose your types of Partnership Firms based on business nature and future scale—each path remains compliant, credible, and convertible later.
Benefits of Partnership Firm Registration
Registering your firm adds legal strength, improves trust, and enables access to financial and legal systems.
Legal recognition under the Partnership Act, 1932
Bank account and PAN in the firm’s name
Eligibility for MSME registration and government schemes
Easier access to loans and financial support
Clear profit-sharing and dispute resolution terms
Low compliance and easy management compared to companies
Ready to Launch Your Firm Now!
Get your deed drafted, verified, and registered with expert support.
Essential Documents for Registration
Proper documentation ensures smooth registration and avoids rejection or delays by the Registrar of Firms.
