A person can be a director if he/she is 18 years of age or above. However, a person can not be appointed if he/she is insolvent or is incompetent. Moreover, a director must be above 16 years of age to be eligible to hold a director position. Besides, a person must be over the legal age to become a company’s director.
A shareholder meeting is a crucial step in the appointment process. The board will need to approve the appointment of the director. During the meeting, the nominated person will need to sign a formal agreement to become a director. The board will then present the details of the ordinary resolution to the shareholders. Once the directors have approved the resolution, the company must give the nominee a copy of the association articles. Once the nominated person signs the document, they will be required to serve as a member of the board for three years. The person proposing to become a director must obtain a director identification number or DIN. If he is not a resident of India, he can apply for an DIN. In addition, he/she must have a digital signature certificate. In addition, a consent letter from the proposed candidate must be submitted to the board. A resident of India can also apply for a DIN. The process of appointment is more complicated than one might imagine.
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