Board Resolution for Appointment of an Additional Director – Format, Compliance & Filing Guide

A practical and legally accurate guide on drafting a Board Resolution for appointing an Additional Director under Section 161(1) of the Companies Act, 2013. Covers when the resolution is required, essential components, DIR-12 filing, compliance steps, common mistakes, and a downloadable template for companies and professionals.

How Foreign Company Directors Can Work in India: Legal Visa Options Explained (2026 Guide)

Foreign nationals serving as company directors or key managerial personnel in India must hold the correct visa — Business or Employment. This article explains eligibility, documentation, and compliance under the Companies Act, FEMA, and MHA guidelines to help foreign-owned subsidiaries stay compliant in 2025.

Legal Framework of ESOPs in India (2026 Guide)

Employee Stock Option Plans (ESOPs) in India are governed by Section 62(1)(b) of the Companies Act, 2013 and Rule 12 of the Share Capital and Debentures Rules, 2014. This guide explains how private companies must structure, approve, and file ESOPs under the MCA V3 portal in 2025. It covers board and shareholder approvals, filing forms like MGT-14 and PAS-3, and maintaining Form SH-6. The article also highlights compliance mistakes startups commonly make and how to avoid them during audits and funding rounds. Perfect for founders, CFOs, and company secretaries seeking a clear understanding of ESOP legal compliance in India.