Template Description

Form DIR-2 - Consent to act as a Director is designed format for prospective directors to formally express their consent as per the requirements of the Companies Act, 2013. It is 2-page MS Word document which is mandatory for those who want to express consent to act as Director. The intended audience includes prospective directors, Company in the process of incorporation, company secretaries, and legal professionals involved in the formation of Company.

Understanding the Form DIR-2 - Consent to act as a Director

Terminologies:

• 'Form DIR-2' - A declaration form by a prospective director confirming consent to act as a director of a company.
• 'DIN' - Director Identification Number, a unique identifier assigned to a director under the Companies Act, 2013.

Key Sections and Procedure:

Steps for Completing and Using Form DIR-2:

• Obtain Necessary Details:
• Gather personal, professional, and identification information such as DIN, PAN, contact details, and particulars of professional memberships, if any.
• Prepare the Form:
• Fill in all required fields accurately, ensuring no section is left incomplete.
• Attach necessary documents, including proof of identity and residence.
• Declaration:
• The director must declare compliance with legal requirements under the Companies Act, 2013.
• Confirm no disqualifications, pending convictions, or restrictions exist.
• Submit the Form:
• The signed form, along with attachments, is submitted to the company for record-keeping and subsequent filing with the Registrar of Companies (RoC) if required.

Key Considerations:

• Verify that the appointee complies with all conditions under the Companies Act, 2013.
• Ensure proper documentation and timely submission to avoid legal complications.
• Use accurate and updated information to maintain compliance integrity.

Conclusion

Form DIR-2 is a crucial document that enables companies to formalize the appointment of directors while ensuring compliance with statutory requirements. By using this template, companies can streamline the process of obtaining consent and fulfilling the procedural mandates of the Companies Act, 2013.