Question
The maximum number of directorships that a person can
have in a public company are ____ and in Private company are ___.Solution
The Companies Act 2013, Section 165 states that a person can have a maximum of 20 directorships in total and a maximum of 10 directorships in public companies. Â Kindly Note - This is different from the Section 149 that states the number of directors in a company. As per Section 149, the minimum number of directorship required in case of a public company is 3 directors and 2 in case of private company, while the maximum number of directors for both public & private company is 15 directors and if more directors need to be appointed then they can be appointed by passing a special resolution. Â
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