Requirements for New Director(s)
- Obtain consent from the person(s) being appointed as director(s).
- Obtain residential address of the new director and file CR 8 -Notice for residential address or change of address of director(s) of company)
- Obtain copies of PIN, National ID or also Passport and passport size photo for the new director
- File CR 6 -Notice for appointment of new director(s) and their particulars.
Requirements for resigning Director
- Obtain written resignation letter from the outgoing director (s)
- File CR 9 or Notice of cessation of office of directors
- Obtain an affidavit indicating that you are also willingly resigning as director(s) and transferring your interest/shares to another director(s).
Transfer of Shareholding
The parties involved i.e. the resigning director and also the new director should sign a transfer form or Form of transfer
The company secretary will then assess the stamp duty and also have the transfer lodged or registered at the Registrar of Companies.
Confirmation of the Transfer
Once they successfully effect the changes, the Company Secretary requests the new list of director(s) and their shareholding by obtaining the CR 12 from the company’s registry.
