DIR-2 Format Companies Act 2013

Understanding DIR-2 Form under the Companies Act 2013: A Comprehensive Guide

Introduction:

Incorporating a company involves adhering to various legal formalities, and one such crucial requirement is appointing directors.

The Companies Act 2013, which governs the functioning of companies in India, mandates the filing of Form DIR-2 for appointing directors.

In this comprehensive guide, we delve into the intricacies of DIR-2, its significance, and the procedures involved, ensuring a clear understanding for all stakeholders.

What is DIR-2 Form?

DIR-2 is a critical form prescribed under the Companies Act 2013 for appointing individuals as directors of a company.

It serves as a declaration by the proposed director, confirming their consent to act as a director of the company.

The form also gathers essential details about the director, ensuring compliance with regulatory norms.

Significance of DIR-2:

DIR-2 plays a pivotal role in ensuring transparency and accountability within the corporate framework.

By requiring proposed directors to furnish their consent and personal particulars, the form enables regulatory authorities to verify the credentials and eligibility of individuals assuming key managerial roles.

This scrutiny helps uphold corporate governance standards and safeguards the interests of stakeholders.

Key Information Required in DIR-2:

When filing DIR-2, certain crucial details must be provided, including:

Full name and address of the proposed director.

Director Identification Number (DIN), if already allotted.

Income Tax Permanent Account Number (PAN).

Educational qualifications and professional experience.

Details of any other directorships held by the individual.

Consent to act as a director of the company.

Conclusion:

In essence, DIR-2 is a vital instrument in the corporate governance framework, ensuring that individuals appointed as directors possess the requisite qualifications and consent to assume their roles responsibly.

By adhering to the procedures outlined in this guide and fulfilling compliance requirements diligently, companies can streamline their governance practices and foster trust among stakeholders.

Understanding the nuances of DIR-2 is essential for all those involved in company incorporation and governance, facilitating smooth operations within the regulatory framework.

Read more on: Directors as per Companies Act 2013

DIR-2 Format Companies Act 2013 

Form No. DIR - 2

Consent to act as a director of a company

[Pursuant to section 152(5) and Rule 8 of the Companies (Appointment and Qualification of Directors) Rules, 2014]

To,

XYZ Perfume Private Limited

Address of the Co.

Subject: Consent to act as a Director.

 

I, ______________________________ ( Name of the Director) , hereby give my consent to act as Director of XYZ Private Limited (name of the company), pursuant to sub-section (5) of section 152 of the Companies Act, 2013 and certify that I am not disqualified to become a director under the Companies Act, 2013.

 

1	Director Identification Number (DIN)
2	Name (in full)
3	Father’s Name (in full)
4	Address
5	E-mail ID
6	Mobile No.
7	Income Tax PAN
8	Occupation
9	Date of Birth
10	Nationality

 

11.          No. of companies in which I am already a Director and out of such companies the names of the companies in which I am a Managing Director, Chief Executive Officer, Whole time Director, Secretary, Chief Financial Officer and Manager.      

12.          Particulars of membership No. and Certificate of practice No. if the applicant is a member of any professional Institute. - NIL

Declaration 

I declare that I have not been convicted of any offence in connection with the promotion, formation or management of any company or LLP and have not been found guilty of any fraud or misfeasance or of any breach of duty to any company under this Act or any previous company law in the last five years. I further declare that if appointed my total Directorship in all the companies shall not exceed the prescribed number of companies in which a person can be appointed as a Director.

 

Date:	Name and Signature of the Director whose giving consent
Place: