Appointment of Director

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Appointment of Director

    Usually according to the Companies Act 2013, an individual can be appointed to the post of a director. The director is appointed by the shareholders. Besides an individual, a company, an association or a firm cannot be appointed as a director. The individual must assume the total responsibilities of running na fim and should bear the responsibility of his actions which will impact the whole organization.

    There is an article of association which describes the procedure of selecting and appointing a director. Then we have a managing director, who is appointed for five years. A manager who has been appointed as managing director can become a managing director of another firm unless the board of directors approve of the decision.

    The conditions for the appointment of director

    • ● He or she should not have been imprisoned.
    • ● He or she should not have been detained or convicted for any offense
    • ● He or she should be minimum of 25 years old and maximum age is 70 years old for the director
    • ● He or she should have served in a managerial position
    • ● He or she should be a resident of India

    You can sek our services in guiding the organization to successfully appoint a director which is recognized by the authorities.

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