Directors checklist before signing any document

Directors should check any document before signing it. It creates a culture of integrity and accountability.

Here are some points for Directors to check before signing any document:

Contents

1. Company’s Name and Registered Office

a) Previous name for 2 years from the change of name

b) OPC has to write “One Person Company” below the name

2. CIN No, email ID, Phone No. also

3. Details of Website and Fax, if there

Degination

1. Mention appropriate designation

a) Example- If you’re MD, then mention MD not “Director” and if you’re Director and CEO, then mention that

(Note: Do ensure that whenever there is a change in your designation, the same is updated in ROC records)

Others

1. DIN number

2. Address if the document you’re signing will be filed with the ROC Office

Other Precautions

1. Avoid signing documents that authorize you, get them signed by other Director of the Company

2. Do keep a copy of the document that you’re signing

Information shared by CS Gurminder Dhami. He can be reached on Twitter.