How to Change Directors and Secretaries of a Company in Sri Lanka – FORM 20

In Sri Lanka, if you need to make changes to the directors or secretaries of your company, you will need to submit Form 20 to the Registrar of Companies. This blog post will guide you through the process of filling out Form 20 and making these changes.

What is a Director and Secretary of a Company?

Directors are responsible for the overall management of the company. They make important decisions about the company’s strategy and operations. The secretary is responsible for maintaining the company’s records and ensuring that the company complies with all legal requirements.

Why Might You Need to Change Directors or Secretaries?

There are a number of reasons why you might need to change directors or secretaries. Some common reasons include:

• A director or secretary resigns
• A director or secretary dies
• A director or secretary is no longer able to perform their duties

How to Fill Out Form 20

Form 20 can be downloaded from the website of the Registrar of Companies. The form is relatively straightforward, but it is important to fill it out correctly. Here are some of the key things to include:

• The name of your company
• The name of the director or secretary who is being replaced
• The name of the new director or secretary
• The reason for the change

How to Submit Form 20

Once you have completed Form 20, you will need to submit it to the Registrar of Companies. You can submit the form in online.

Important Points to Remember

• You must submit Form 20 within 20 days of the change.
• You will need to include a copy of the company’s resolution authorizing the change.
• You will need to pay the filing fee.

By following these steps, you can easily change the directors or secretaries of your company in Sri Lanka.

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