A company is a legal entity and does not have any physical existence. It can act only through natural persons to run its affairs. The person, acting on its behalf, is called Director. A Director is any person, occupying the position of Director, by whatever name called. They are professional men, hired by the company to direct its affairs. But, they are not the servants of the company. They are rather the officers of the company.
So long as a person is duly, appointed by the company to control the company’s business and, authorized by the Articles to contract in the company’s name and, on its behalf, he functions as a Director. The act has prescribed the minimum number of the Directors to be appointed in their Board. A Private Limited Company is required to have a minimum of two Directors and a Limited Company is required to have a minimum of three Directors. On the other hand, a Limited Liability Partnership (LLP) has Designated Partners and Limited Liability Partnership Act, 2008 requires each LLP to have a minimum of two Designated Partners.
At Legit Filings we provide you a hassle free Director’s appointment and cessation process which would be dealt by our professionals within a time frame of 3-4 working days and is subjective to governmental processing time. Our team takes care of the documentation and aids in provide you the realistic estimation of cost.