Share on LinkedInShare on LinkedIn

ARTICLE · 03 MAY 2024

Why An Additional Director Can Bring Value To Your Business

Under Indian law, someone unconnected with the business but with the skills and experience to be a director, can join the board as an "additional director" and bring a fresh perspective

IndiaCorporate/Commercial Law

Under Indian law, someone unconnected with the business but with the skills and experience to be a director, can join the board as an "additional director" and bring a fresh perspective to how the company is managed. Below we examine the steps needed to appoint such a director and how additional directors can help drive company growth.

An additional director is someone not from the company, who first, has the qualifications to become a director; second, has not been previously rejected as a director of the company; and third, does not hold a directorship for any other company, nor do they have any vested interest in another company (Companies Act, 2013).

"A temporary appointment with the possibility of greater achievement" would be an apt phrase to encapsulate the essence of who an additional director is.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from