Director Addition in Vadapalani - Filingpoint
Call Our Filingpoint Expert +91 72999 72500 A Private Limited Company is one of the most popular business structures in India. This type of company offers several advantages to its owners, including limited liability and the ability to raise capital . While it is possible to register a business as a partnership or sole proprietorship, registering a business as a Private Limited Company provides more credibility and structure. It also enables the business to access loans and investments from financial institutions. In addition, a Private Limited Company has distinct legal identity, making it separate from its shareholders and directors. This allows the company to own assets, enter into contracts and conduct business under its name, regardless of the number of shareholders or directors. In order to add an additional director to a Private Limited Company, the first step is to check whether the Articles of the Company contain provisions allowing for this appointme...