A Director of a Company is an individual elected by the shareholders to manage the company’s affairs in accordance with the Memorandum of Association (MOA) and Articles of Association (AOA). As a company is a legal entity, it can only act through the agency of a natural person, hence the need for directors who are living individuals. The Board of Directors is entrusted with the management of the company. Adding a Director to a Private Limited Company in India involves several steps. Firstly, obtaining the consent of the proposed director through Form DIR-2, which is a crucial document. Secondly, ensuring that the proposed directors have Digital Signature Certificates (DSCs), and if not, obtaining them. Thirdly, obtaining a Director Identification Number (DIN) for the proposed director if they do not already have one, which is to be attached to Form DIR3. The DIN is a lifelong identification number that can be obtained by individuals above the age of 18, regardless of their nationality. Finally, the company should obtain all the necessary KYC documents and educational qualification documents as per the job requirements, noting that there is no minimum educational qualification required to hold the position of Director in an Indian company.
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