![]() Therefore, the management of a company is entrusted to a body of persons called “Board of Directors”.Īnother definition of a Director is someone who administers, controls or directs something, especially a member of a commercial company one who supervises, controls or manages a person elected by the shareholders of a company to direct company’s policies person appointed or elected according to law, authorised to manage and direct the affairs of a company. It can only act through human beings, and it is the Directors through whom mainly the company acts. Since a company is an artificial legal person created by law, it is necessary to act only through the agency of natural persons. The Board of Directors means a group of those individuals elected by the shareholders of a company to manage the affairs of the company. Meaning of Director in Private Limited CompanyĬompanies Act, 2013 defines the term “Director” as someone appointment to the Board of a company. In this article, we cover all aspects of being a Director in a private limited company. In a private limited company, the Directors play an important role during the incorporation process and post-incorporation process. Private limited company is one of the most common business entity in India. Learn » Private Limited Company » Director of a Private Limited Company Director in a Private Limited Company ![]()
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