Change in Directors/Partners

As businesses grow, there may be situations where a company or partnership needs to add, remove, or change directors/partners. This could be due to:

• Expansion of business

• Retirement/resignation of existing partner/director

• Inclusion of new expertise or investors

• Legal or regulatory requirements

The Ministry of Corporate Affairs (MCA) has a proper compliance process for such changes, and it is mandatory to follow them to keep your business records updated.

Change in Directors (Company)

Types of Director Changes:

1. Appointment of a New Director

2. Resignation of an Existing Director

3. Removal of a Director by Shareholders/Board

4. Change in Designation (e.g., from Director to Managing Director)

Process for Appointment of a Director

1. Obtain Digital Signature Certificate (DSC) & DIN (Director Identification Number) if not already available.

2. Hold a Board Meeting to approve appointment.

3. File DIR-12 form with MCA within 30 days.

4. Update company records & ROC master data.

Process for Resignation of a Director

1. Director submits resignation letter to the company.

2. Company passes Board Resolution.

3. File DIR-12 with MCA within 30 days.

4. Director can also file DIR-11 as intimation to ROC.

Documents Required (Directors):

• PAN & Aadhaar of incoming director

• Passport-size photo

• Proof of address

• Consent letter (Form DIR-2)

• Resignation letter (in case of resignation)

• Board/Shareholder resolutions

Change in Partners (LLP / Partnership)

Process in LLP (Change of Partner)

1. Draft Supplementary LLP Agreement with new/exiting partner details.

2. Approval from existing partners.

3. File Form 4 (for change in partners) with MCA.

4. File Form 3 (updated LLP Agreement) within 30 days.

Process in Partnership Firm

1. Prepare a Supplementary Partnership Deed.

2. Notarize the new deed.

3. Update PAN, GST, Bank, and other records.

4. Intimate Registrar of Firms (if registered).

Documents Required (Partners):

• PAN & Aadhaar of incoming/outgoing partner

• Consent letter

• Supplementary Agreement/Deed

• Passport-size photo

• Proof of address

Due Dates & Penalties

Non-compliance may result in penalties, disqualification of directors, and invalidity of changes.

Why Choose Us?

• End-to-end support for MCA filings (DIR-12, DIR-11, LLP Form 4 & 3).

• Drafting of resolutions, agreements, and deeds.

• Quick processing in 7–10 days.

• Avoid penalties with timely compliance reminders.

• Expert legal & corporate team for smooth execution.