The types of directors are as follows:(1) Independent Director: - There is a new provision in this company-2013. Each company will have at least 1/3 of independent managers. The Central Government can determine the minimum number of independent administrators for the public company's classes. The independent director has to appoint the data from the bank. Independent Administrator's term is of 5 years. Independent manager is eligible for reinterpretation and can remain at the maximum of 10 years. After the competition of 3 years; he/she can be re-appointed.
(2) Managing Director: - The Managing Director is also known as the Executive Director. In the present time, the very best example of commerce management is the company form, which requires the management skills, proficiency and business skills of the company. The work is done in the company of daily administration and management of the policy. The decision has to be executed.
(3) Director of the nominee: - The Board of Directors may nominate the nominee in the following circumstances, as per the provision of the company's regulation. The person nominated in accordance with the agreement with any organization is appointed as the director. According to the current law, the person nominated by the institution as a director The government company from the Central Government or the State Government can be appointed as a director has been nominated.
(4) Additional Director: - Sometimes a specialist person or work person is required in the Board of Directors and if it is provided in the company's regulatory order, then any person can be appointed as an additional director at any time. This director's tenure is only for the annual general meeting.
(5) Alternate Director: - Directors are an important component in the management of the company, but for any reason the director is to be out of India for three months or more, instead the director who is appointed is called an alternate manager. Instead of the independent director An alternative director can be appointed only if he / she is appointed as an independent director are required.
(6) In the vacant place of Director before the expiry of the director's time: - According to the Company's authority, the company should be removed before the expiry of the term of the second term in the General Meeting, whether it can be removed before the expiry of the term or subject to the regulation, The Board of Directors may appoint a director in the vacant place or appointed by the Central Government in their own meeting Is.
(7) Directors elected by small shareholders: - According to Company act 2013, a small shareholder can appoint a director, as the company has been designated. According to the share holder whose philosophical value of a stock is not more than Rs.20, 000 or fixed.There should be no more than that amount. There is also a provision that the number of such small shareholders should be at least 1,000 in that company.
(8) Female Director: - According to the new company, it has been provided that at least one woman director has to be nominated for the registered and registered companies of companies who have a paid-up capital of Rs 100 crore or more.