Appoint a Nominee Director as per nomination by bank, investor, or shareholder under loan/investment agreement.
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
Verify that AOA contains a clause permitting appointment of Nominee Directors.
Review the relevant loan agreement, investment agreement, or shareholder agreement providing nomination rights.
Obtain formal Nomination Letter from the nominating bank, investor, or shareholder.
Convene Board Meeting to appoint Nominee Director and take note of the Nomination Letter.
Pass Board Resolution for appointment of Nominee Director, noting the Nomination Letter.
File Form DIR-12 with ROC within 30 days of appointment.
Update Register of Directors and other statutory registers.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.