Adding and removing a director from a company can be a significant decision that requires careful consideration and compliance with legal requirements. Here are the steps involved in adding or removing a director:

Adding a Director:

1. Check the company's Articles of Association: The Articles of Association is a document that outlines the rules and regulations of a company. Check whether it includes any specific requirements or restrictions for appointing a new director.
2. Check eligibility: Ensure that the person you want to appoint as a director is eligible to hold the position under the Companies Act, 2013.
3. Hold a board meeting: Call for a board meeting and pass a resolution to appoint the new director. Make sure that the resolution is recorded in the minutes of the meeting.
4. File the necessary forms: Within 30 days of appointing a new director, file the necessary forms with the Registrar of Companies (ROC). The forms include DIR-12 and DIR-2.

Removing a Director:

1. Check the Articles of Association: Similar to appointing a director, check whether the company's Articles of Association contain any specific requirements or restrictions for removing a director.
2. Call for a board meeting: Call for a board meeting and pass a resolution to remove the director. Make sure that the resolution is recorded in the minutes of the meeting.
3. File the necessary forms: Within 30 days of removing the director, file the necessary forms with the ROC. The forms include DIR-12 and DIR-11.
4. Notify other stakeholders: Notify other stakeholders, such as employees, customers, and partners, about the director's removal.