Directors are appointed by the shareholders of a Company for the management of a Company. 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. Appointment or removal of a Director or Designated Partners is thus required due to various reasons.
The Dirtectors can be appointed and resigned during the normal course of business. The appointment of director can be done at any general meeting of the memebers of the company. However, In the middle of year the dirtectors can be appointed as additional director of the company until the conclusion of the next Annual General Meeting. Their appointment must be ractfied at the AGM.
The company shall intimate the Registrar of compaanies within 30 days from the date of Appointment/Resignation of the director
Directors are appointed by the shareholders of a Company for the management of a Company. 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. Appointment or removal of a Director or Designated Partners is thus required due to various reasons.
The Dirtectors can be appointed and resigned during the normal course of business. The appointment of director can be done at any general meeting of the memebers of the company. However, In the middle of year the dirtectors can be appointed as additional director of the company until the conclusion of the next Annual General Meeting. Their appointment must be ractfied at the AGM.
The company shall intimate the Registrar of compaanies within 30 days from the date of Appointment/Resignation of the director
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