In India, the Ministry of Corporate Affairs (MCA) is responsible for regulating corporate affairs and ensuring compliance with various laws and regulations related to companies. One of the key requirements for any company is the appointment of directors. Companies must follow a specific process to appoint directors and file the necessary forms with the MCA. In this blog, we will discuss the form for the appointment of directors in MCA.
Form DIR-12 for Appointment of Directors:
Form DIR-12 is the form that companies must file with the MCA to appoint directors. This form is used to notify the MCA of the appointment of a director and to provide information about the director. The form must be filed within 30 days of the appointment of the director.
The form must be filed online through the MCA portal. Companies must first obtain a Director Identification Number (DIN) for the director before filing the form. The form must be signed by the director being appointed and by another director or the company secretary.
Information Required in Form DIR-12
Form DIR-12 requires the following information to be provided:
Company details: This includes the name and registered office address of the company.
Director details: This includes the name, DIN, address, nationality, date of birth, and occupation of the director being appointed.
Board resolution: A copy of the board resolution approving the appointment of the director must be attached to the form.
Consent of director: The form must include a declaration from the director being appointed that they consent to their appointment.
Other details: The form may require additional information depending on the circumstances of the appointment, such as if the director is an independent director or a nominee director.
Filing Fee for Form DIR-12
Companies must pay a filing fee when filing Form DIR-12 with the MCA. The fee depends on the authorized share capital of the company. The current fees are as follows:
For companies with an authorized share capital of up to Rs. 1 lakh, the filing fee is Rs. 200.
For companies with an authorized share capital of Rs. 1 lakh to Rs. 5 lakh, the filing fee is Rs. 300.
For companies with an authorized share capital of Rs. 5 lakh to Rs. 25 lakh, the filing fee is Rs. 400.
For companies with an authorized share capital of Rs. 25 lakh to Rs. 1 crore, the filing fee is Rs. 500.
Form DIR-12 is an important form that companies must file with the MCA to appoint directors. The form must be filed within 30 days of the appointment of the director and requires various details about the director and the company. Companies must also pay a filing fee when submitting the form. By following the process and filing the necessary forms, companies can ensure that their appointments of directors are compliant with the laws and regulations of the MCA.