Addition of New Directors

A Director of a Company is a person that is elected by the shareholders to manage the affairs of the company as per the MOA and AOA. As the company is an artificial person, it can only act through the agency of a natural person. Thus, a director has to be a living person and the management of the company is entrusted to its Board of Directors.

Who is a Director in a Private Limited Company?

The Companies Act, 2013 defines the term Director as someone who is appointed to the Board of a Company. The Board of Directors is a group of individuals elected by the shareholders to manage the company’s affairs. As the company is a legal entity created by law, it can act only through natural persons – the Directors. They play a key role in daily decision-making and execution.

A Director is someone who supervises, controls, or manages. He or she is authorized to direct the company's policies and is entrusted with management duties.

How to add a Director to a Company?

In a Private Limited Company, Directors play a crucial role in the business's success. The first step is to obtain consent from the proposed Director using Form DIR-2.

Digital Signature Certificates of the Proposed Directors: In case the proposed director doesn’t have a DSC, one must be obtained. Apply for DSC.

Get the Director Identification Number (DIN): If the proposed director doesn’t already have a DIN, Form DIR-3 must be filed. The DIN is a lifetime ID that allows the person to act as a Director in Indian companies.