Directors' Declaration under Section 164 (DIR-8)

Every Director must submit a declaration (Form DIR-8) to the company at the beginning of every financial year confirming that they are not disqualified from being a Director under Section 164.

Adding or removing a director should take minutes, not weeks of legal back-and-forth. Section 164(1) governs exactly how this plays out. The practical effect: disqualification triggers (Sec 164(1)): unsound mind (court-declared), undischarged insolvent, pending insolvency application, conviction with ≥6 months sentence (5-year bar) or ≥7 years sentence (permanent bar), court/Tribunal disqualification order in force, unpaid share calls for 6+ months, Sec 188 related-party conviction within preceding 5 years, non-compliance with Sec 152(3) DIN requirement, non-compliance with Sec 165(1) (directorship-count limit). No templates, no guesswork — Fi CTC Generator drafts this correctly in about 3 minutes.