Ishita Ramani
Quick Summary
Introduction This article provides information on the various types of Directors in a private limited company, and the different types of Directors in the Companies Act, 2013. Directors are in charge of overseeing, controlling, and directing a companys operations. He or she has many duties within
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FAQ :
Directors are responsible for overseeing, controlling, and directing a company's operations. They act as employees, agents, trustees, and officers of the company.
An executive director works full-time for the company and is involved in daily operations, while a non-executive director does not participate in daily operations but may advise on policy and strategy.
A shadow director is someone not officially appointed to the Board but whose instructions the board typically follows. They can be held liable as a director unless they are providing advice in a professional capacity.
A resident director is a director who has spent at least 182 days in India during the previous calendar year, as required by law for every company.
An alternate director can be appointed if a director is absent or out of the country for more than three months, provided the Articles of Association allow it or a resolution is passed at a general meeting.
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