In a Private Limited Company, the shareholders are the owners and directors are the managers. However, not all directors’ own shares, nor it is workable for every shareholder to run the company. Hence delegation of work among members and owners is important. So the directors are appointed to manage the company.
At the time of incorporation of the company, it is easier to own and manage the company. But later, the owners need the help of experts to manage the company.
Read More :- How the role of director and shareholder is different in a Private Limited Company
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