Document background
The Appointing A Director By Ordinary Resolution document is a crucial corporate governance instrument used in Indian companies when appointing new directors through shareholder approval. This document is required under the Companies Act, 2013, when a company needs to appoint a director through a simple majority vote of shareholders. It's typically used for routine director appointments, whether in annual general meetings or through postal ballots. The document must comply with Sections 152 and 160 of the Companies Act, 2013, and include specific declarations regarding director qualifications and eligibility. For listed companies, additional SEBI compliance requirements must be incorporated. The resolution becomes a permanent record of the company's decision-making process and must be maintained in the company's statutory records.
