Change in Management
Change in Management
A company’s management can change for many reasons—new directors joining, old directors stepping down, promoters restructuring roles, or shifts in key managerial positions. Each change must be properly documented and filed with the MCA. Even a small delay can lead to penalties or mismatched company records, which later cause problems during audits, funding, or due diligence.
We handle the entire process so every management change is smooth, compliant, and accurately reflected in MCA records.
What we do
Review the nature of management change
Draft board and shareholder resolutions
Prepare consent letters and required declarations
File DIR-12 and other applicable forms
Update statutory registers and minutes
Assist with appointment letters, resignation letters, and disclosures
Align records for auditors, banks, and investors
Why this matters
MCA records must always reflect who is legally responsible for running the company. Inaccurate or outdated information can expose the company and directors to compliance risks, notices, and operational issues.
Frequently Asked Questions
It includes appointments, resignations, removals, or changes in roles of directors, KMP, or other officers responsible for company operations.
DIR-12 is the primary form for appointment or resignation of directors and KMP. MGT-14 may be needed for certain board actions.
Consent to act (DIR-2), resignation letters, appointment letters, identity proofs, resolutions, and updated registers.
Within 30 days of the appointment or resignation.
Yes. A director can resign by giving notice to the company. The company must file the resignation with MCA.