To
update the details of a director, partner, or authorised signatory in a
corporate, partnership, or LLP account, the following documents are required:
Corporate
- Account
modification form (PDF)
- Non-individual
KYC form (PDF) with the new director's or
authorised signatory's seal and signature
- Annexure A (PDF) on the company letterhead with the
director's or authorised signatory's seal and signature
- Form 32 or DIR
12 of the new director
- Individual KYC
form (PDF), PAN, and address proof signed by
the new director or authorised signatory
- Additional PAN
and address proof copy with seal and signature of the new director or
authorised signatory
- A copy of the
balance sheet of the latest two financial years with the seal and
signature of the director or authorised signatory
- A copy of the
Ultimate Beneficial Owner (UBO) annexure (PDF) with signature on the 3rd page if
applicable
- A copy of the
Minutes of the Meeting for appointing a new director or authorised
signatory
- List of
directors (PDF) on the company letterhead with the
director's or authorised signatory's seal and signature
- Latest
shareholding pattern (PDF) on the company letterhead with the
whole-time director or individual promoters' signature and seal
- Board
resolution (PDF) on the company letterhead with the
director's or authorised signatory's seal and signature
- Ministry of
Corporate Affairs (MCA) copy with the director's or authorised signatory's
seal and signature
Partnership
- Account
modification form (PDF)
- Non-individual
KYC form (PDF) with the new partner's seal and
signature or authorised signatory's signature
- Annexure A (PDF) on the firm letterhead with the
partner's seal and signature or authorised signatory's signature
- Supplementary
partnership deed with the partner’s or the authorised signatory’s seal and
signature
- Individual KYC
form (PDF), PAN, and address proof signed by
the new partner or authorised signatory
- Additional PAN
and address proof copy with seal and signature of the new partner or
authorised signatory
- A copy of the
balance sheet of the latest two financial years with the partner's seal
and signature or the authorised signatory's signature
- A copy of the
Ultimate Beneficial Owner (UBO) annexure (PDF) with signature on the 3rd page if
applicable
- Board
resolution (PDF) on the firm letterhead with the
partner’s or authorised signatory's seal and signature
- Authority
letter (PDF) on the firm letterhead with the
partner’s or authorised signatory's seal and signature
- Account closure
form (PDF) to close the existing demat account
LLP
- Account
modification form (PDF)
- Non-individual
KYC form (PDF) with the new partner’s or authorised
signatory's seal and signature
- Annexure A (PDF) on the LLP letterhead with the new
partner's seal and signature or authorised signatory's signature
- Supplementary
LLP agreement with the new partner's seal and signature or authorised
signatory's signature
- Individual KYC
form (PDF), PAN, and address proof signed by
the new partner or authorised signatory
- Additional PAN
and address proof copy with seal and signature of the new partner or
authorised signatory
- A copy of the
balance sheet of the latest two financial years with the new partner's
seal and signature or the authorised signatory's signature
- A copy of the
Ultimate Beneficial Owner (UBO) annexure (PDF) with signature on the 3rd page if
applicable
- Board
resolution (PDF) on the LLP letterhead with the
partner’s or authorised signatory's seal and signature
- Ministry of
Corporate Affairs (MCA) copy with the new partner's seal and signature or
authorised signatory's signature
To
start, email all the forms to accountopening@5paisa.com once they're ready.
They'll check if any corrections are needed. After that, send the documents by
courier to:
5paisa
Capital Ltd.
Sun
Infotech Park,
Road
No.16V, Plot No. B-23
Thane
Industrial Area, Wagle Estate,
Thane -
400604.
Remember: Make any updates and pay
modification charges if needed, within a specified time frame.
Once 5
Paisa teams receive and check the forms, they'll update the new director,
partner, or authorised signatory within 48 working hours. There's a charge of
₹25 plus 18% GST for making changes to the account.