A group of directors in a company is referred to as a "board of directors." This board is responsible for overseeing the management of the company and making key decisions in the best interests of shareholders. The members of the board are typically elected by the shareholders and can include both internal directors (executives) and external directors (independent members).
Staff
The minimum number of Directors in Private Company is 2 Maximum number of Directors is As the number of Members in that Company
one
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The minimum number of directors required to register a Private Limited Company in India is two, and the minimum number of shareholders required is also two. The same individuals can be both directors and shareholders. The maximum number of shareholders allowed in a Private Limited Company is 200.
Minimum number of director in a private company is 2.
The number of directors a company can have varies depending on its jurisdiction and governing documents. Generally, most jurisdictions require a minimum of one or two directors, while there may not be a maximum limit set by law. However, companies often define their own maximum number of directors in their articles of incorporation or bylaws. It's essential to check the specific regulations applicable to the company's location.
A subsidiary company definitely can have its board of directors, and practically, it usually have. Basically its parent company who appoints directors in board of directors of subsidiary companies. Day to day matters of the subsidiary company cannot be run by parent company's board of directors, so it is necessary for a subsidiary to have its own board of directors which ultimately reports to parent company's board of directors.
In the US, we call them funeral directors.
Directors of a company are usually paid based on the contract that they signed with the company.
(1) Directors as agents.qA company, as an artificial person, acts through directors who are elected representatives of the shareholders. They are, in the eyes of the law, agents of the company for which they act (2) Directors as employees.(3) Directors as officers. The directors are treated as officers of the company. As such they are liable to certain penalties if the provisions of the companies act are not strictly complied with. Directors as trustees. Directors are treated as trustees. Of the company's money and property ; and of the powers entrusted to them.
Australian Institute of Company Directors was created in 1990.