Question

The maximum number of directorships that a person can have in a public company are ____ and in Private company are ___.

A 20 and 10 Correct Answer Incorrect Answer
B 15 and 15 Correct Answer Incorrect Answer
C 10 and 20 Correct Answer Incorrect Answer
D 20 and 20 Correct Answer Incorrect Answer
E 15 and 10 Correct Answer Incorrect Answer

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.   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.  

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