Director of a company is a person elected by the shareholders 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, it 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.
To appoint a director, 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 be appointed as Director of a company in India.
MaxBusiness 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. MaxBusiness can help you appoint or remova a director in your company. The average time taken to file for appointment or removal of director is about 1 – 2 working days, subject to government processing time and client document submission. Get a free consultation on appointment and removal of director by scheduling an appointment with a MaxBusiness advisor at 01149095741/ 41101741.