Shareholders appoint the director to manage and maintain the affairs of the business. All this is done under the Memorandum of Association of the Company or MOA, and Articles of Association of the Company or AOA. The power to add or remove directors is executed from time to time based on the needs and requirements of the shareholders.
Different types of companies require a different number of directors. For instance, a private limited company or PLC can have only two directors, whereas limited company needs a minimum of three directors. If you’re looking to make the appointment of director process effortless, Bangalore Consulting Company can help you in the short and long run.