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Whether board of directors include whole time directors and managing director

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Whether board of directors include whole time directors and managing director or whole time directors and managing director are different and does not come under board of directors
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what type of question, you are asking

Directors are primarily of two types -

Executive Director
Non Executive Director

They are again divided into different parts, depend on size, business, and regulations applicable on it.

Generally Companies Have -

Whole Time director ( Non Rotational*)
Managing Director ( Non Rotational *)
Executive Director (Rotational)
Independent Director ( Non Rotational)
Non Executive director (Rotational Director)

{All such collectively called Board of Directors)

Law also prescribe max no. of director in a company, Which is 15, By shareholders Resolution it may be enhcnaced ,It also prescribe the max no of Companies in which one can act as a director ( 20 cos. & 10 Public / Pvt Co. which is subsidiary of Public Company)

Certain other Regulations (Like RBI/SEBI) mat pose different conditions on composition, qualification of director

MD & WTD are not supposed to hold position as MD/CEO/WTD in another company (Except Group company/ID) due to their whole dedication in the company in which they are appointed..


Quorum Is 1/3 or 2 ,which ever is higher to duly constitute a meeting.


For Appointment /Cessation / Change in designation company file DIR-12 within 30 days of passing resolution.


For MD/WTD ,form MR-01 to be filed after giving of DIR-12


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