Director of a company is a person elected by the shareholders for managing the affairs of the company as per the Memorandum of Association and Articles of Association of the company. Since a company is an artificial judicial person created by law, it can only act through the agency of natural persons. Thus, only living persons can be Directors of a company and the management of a company is entrusted to the Board of Directors. Appointment of Directors can be required for a company from time to time based on the requirements of the shareholders of the business.

All companies registered in India like private limited company, one person company, limited company, and section 8 company must file MCA annual return and income tax return each year. In case of non filing of the said documents with ROC the director of the company and company both shall be liable for fine and penalty and their may be imprisonment also. companies also requires to file their annual return within 30 days of AGM.