+91 416 2241199
#23,8th East Main Road,Gandhinagar, Katpadi, Vellore
infowealthbridge@gmail.com

Remove Director

Director of a company are living person entrusted by the shareholders to manage the affairs of the company

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Remove Director

How to Remove Directors?

Chief of an organization is a man chose by the investors for dealing with the issues of the organization according to the Memorandum of Association and Articles of Association of the organization. Chief in an organization may need to leave or the Board of Directors or Shareholders might need to expel a Director for any reasons. In such cases, a Director can leave or be evacuated by documenting the suggestion of progress of Director with MCA.The methodology for abdication of executive and expulsion of Director by the Board or Shareholders shift. A Director can leave from an organization by giving a notice in keeping in touch with the organization and the Board is required to record the fundamental filings with MCA inside 30 days.

Remove Director

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Thewealthbridge.in is web portal of the Virutchamwealth Bridge Private Limited is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Vellore,Tamilnadu, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe

Income tax

We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.

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Business Licenses

Our Professionals Will help you in getting your business licenses and Business licenses necessary for smooth running of businesses


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Financial Services

we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights

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GST Returns

We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN

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What are the documents required for add directors?

Certified identity copy of applicant  

Resolution pertaining to the changes  

Certified ID copies of affected directors  

Mandate by the company for the third party to submit on behalf of the company  

What Includes in this package?


Checking DSC Availability

Preparation of Board Resolution

Making ROC Payment

Name Approval Letter

Remove Director

Process

A duplicate of the said notice to be send to the executive to be expelled moreover.

The executive might be given a chance of being heard in the meeting

If the executive gives any composed portrayal to the notice, at that point the said portrayal might be given to all individuals.

The Company might inside 30 days from the expulsion of an executive record Form No.32 and a duplicate of the determination with the Registrar

Remove Director

FAQ

The removal of a managing director will depend on the terms of any contract of employment for the managing director. If there is no contract of employment, this will depend on the company’s Constitution, or any other terms pursuant to which the managing director was appointed.
If your company has a Constitution: A director can be removed by either:a resolution of the other directors; or a resolution of the shareholders. If your company uses the replaceable rules: A director can be removed by a resolution of the shareholders. If your company has a Constitution that is not a Constitution: You will need to review the terms of the Constitution. Your Constitution may outline when and how a director can be removed. If you are unsure, you should obtain legal advice.
If your company has a Constitution or the replaceable rules: One or more of the directors may be managing director. If more than one managing director is appointed, they hold office jointly. A person may only be managing director as long as they are and remain a director – if they resign as a director, they automatically cease to hold office as managing director. If your company has a Constitution that is not a Constitution: You will need to review the terms of the Constitution to check who can act as managing director. If you are unsure, you should obtain legal advice
A company exists until it is deregistered. Voluntary deregistration is one way of having a company is deregistered – it is generally the quickest and cheapest method, but is only available in fairly limited circumstances An application for deregistration can be made with ASIC. The company will need to complete and lodge ASIC Form 6010 ‘Application for voluntary deregistration of a company’ and pay the required fee.
An application for voluntary deregistration of a company can be made by:
1. the company itself
2. any of the directors
3. any of the shareholders
4. The Company’s liquidator.
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About Wealth Bridge

We Help You To Form Your Company In A Simple Way Wealth Bridge Will Making More Possibilities which aims at providing much-needed funds to businesses across the trading and service industry

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Head Office

2nd Floor, #23, 8th East Main Road
Gandhinagar, Katpadi, Vellore

(+91) 416 2241199
(+91) 86677 53901

infowealthbridge@gmail.com
www.thewealthbridge.com

Branches

ARAKKONAM OFFICE

# 10/1, Thiruthani High Road ,

Upstairs to Central Bank ,Jothi Nagar,

Arakkonam , TamilNadu - 631003

Phone:+91 6381184522 , +91 8012747723.

RANIPET OFFICE

No 126, MBT Road, Mahaveer Complex,

First Floor, Muthukadai,

(NearDarling bakery) Ranipet - 632401

Phone : +91 417 2295006 +91 86675 42148