๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      What is the minimum number of directors which a One

      Person Company can have?
      A One Correct Answer Incorrect Answer
      B Three Correct Answer Incorrect Answer
      C Fifteen Correct Answer Incorrect Answer
      D No such requirement Correct Answer Incorrect Answer

      Solution

      Explanation: Section 149. Company to have Board of Directors: (1) Every company shall have a Board of Directors consisting of individuals as directors and shall haveโ€” (a) a minimum number of three directors in a public company, two directors in a private company, and one director in a One Person Company; and (b) a maximum of fifteen directors, company may appoint more than fifteen directors after passing a special resolution: class or classes of companies as may be prescribed, shall have at least one-woman director.

      Practice Next
      ask-question