[contact-form-7 404 "Not Found"]

Appointment of Directors

Appointment of directors are done by the shareholders of a company for managing the affairs of the company as per the Memorandum of Association and Articles of Association of the company. Since a company is an artificial judicial person created by law, appointment of directors can only act through the agency of natural persons. Thus, only living persons can be Directors of a company and the management of a company is entrusted to the Board of Directors. Appointment of Directors can be required for a company from time to time based on the requirements of the shareholders of the business.
For appointment of directors, the person proposing to become a Director must obtain a digital signature certificate (DSC) and director identification number (DIN). DIN can be obtained for any person who is above the age of 18. The nationality or residency status of the DIN applicant does not matters. Hence, Indian Nationals, Non-Resident Indians and Foreign Nationals can obtain DIN and can participate in appointment of director of a company in India.
Registration Arena is the leading business services platform in India, offering a variety of services like company registration, trademark filing, GST registration, income tax filing and more. Registration Arena can help you in appointment of directors in your company. The average time taken to file for appointment of directors is about 10 – 15 working days, subject to government processing time and client document submission. Get a free consultation on appointment of directors by scheduling an appointment with our Legal Advisor.

Minimum Requirements For Appointment of Directors

Consultation
Digital Signature
DIN Number
Filing DIR-12
Government Fees Payment

Procedure For Appointment of Directors

Types of Directors in a Company

Managing Director
Managing Director is a Director, who by virtue of Articles of Association of a company or an agreement with the company or a resolution passed in its general meeting, or by its Board of Directors, is entrusted with substantial powers of managed of affairs of the company

Executive Director
Executive Director is a Director, who is in full-time employment of the company. Hence, executive directors are deeply involved with the management of the company and managing affairs of the company.

Ordinary Director
Ordinary Director means a simple Director who attends the Board Meetings of a company and participates in the matters put before the Board of Directors. These Directors are neither whole-time Directors or Managing Directors.

Additional Director
Additional Director is someone appointed by the Board of Directors between two annual general meetings subject to the provisions of the Articles of Association of a company. Additional Directors can hold office only upto the date of next annual general meeting of the Company.

GOT QUESTIONS? GET A FREE CONSULTATION

Ask An Expert