Adding a Director – Overview

Appointing a new director can be a complex process, but following the correct steps ensures legality and compliance.

Why Appoint a Director?

Companies add or change directors to expand leadership, replace retiring members, bring in expertise, or comply with ownership changes.

Removal of Director from a Company - Overview

The process of removing a director is governed by both the company’s internal policies and applicable laws, such as the Companies Act 2013. Whether for a public or private company, it is essential to follow the proper legal and procedural steps to ensure compliance.

Authorized Share Capital - Overview

Authorized share capital defines the maximum number of shares a company can issue. As per the Companies Act 2013, there is no mandatory minimum capital increase. To issue additional shares or raise the authorized share capital, the Memorandum of Association’s capital clause is updated through an ordinary resolution approved by the board.

What Is Liquidation of a Company? - Overview

Liquidation is the process of formally closing a business. This may occur due to insolvency, a strategic decision to cease operations, or other reasons. It involves selling the company’s assets to settle liabilities and fulfill outstanding obligations.