Directors are selected by the shareholders of a Company for the administration of a Company. As per Companies Law of 1956, a Private Limited Company is requisite to have a minimum of two Directors and a Limited Company is compulsory to have a minimum of three Directors.
However, a Limited Liability Partnership (LLP) has elected Partners and Limited Liability Partnership Act, 2008 needs each LLP to have a minimum of two elected Partners. Appointment or removal of a Director or Designated Partners may be obligatory due to several purposes. Sterling can aid you file the required filings to include or eliminate a Director from your Company or include or eliminate a Designated Partner from you LLP.