Question
Which of the following statements correctly reflects the
requirements regarding the maximum number of directorships an individual can hold as per the Companies Act?Solution
Section 165. Number of directorships: (1) No person, after the commencement of this Act, shall hold office as a director, including any alternate directorship, in more than twenty companies at the same time: Provided that the maximum number of public companies in which a person can be appointed as a director shall not exceed ten.
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