Director of a company is a person chosen by the shareholders for managing and looking after the affairs of the company according to the Memorandum of Association and Articles of Association of the company. As a company is an artificial legal person formed by law, it can only act through the group of natural persons. Thus, only living persons can be Directors of a company and the management of a company is delegated to the Board of Directors. Appointment of Directors may be required for a company from time to time as per the requirements of the shareholders of the business.
To appoint a director, the person proposing to become a Director must obtain or have a digital signature certificate (DSC) and director identification number (DIN) which is a mandatory requirement. Any person who is an Indian National or he is a Non-Resident Indian and any Foreign Nationals are allowed to obtain DIN and they can be appointed as Director of a company in India.
By passing an ordinary resolution at AGM or EGM as the case may be, a new Director can be added to the Board of Director. Ordinary resolutions can be passed by a simple majority. Once a resolution is passed, the Company must file the Resolution along with the necessary documents in the relevant forms and to the Ministry of Corporate Affairs to appoint a Director.
Draft of Board Resolution and carry out necessary requirement relating the same and file the board resolution in relevant form with ROC.
It takes approx. 6 to 8 working days once documents are received for the same and it will be done.
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