📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      A person can serve as a Director on the Board of many

      companies. However, a person can be a director on the Board of not more than  _____ public companies. 
      A 20 Correct Answer Incorrect Answer
      B 7 Correct Answer Incorrect Answer
      C 10 Correct Answer Incorrect Answer
      D 15 Correct Answer Incorrect Answer
      E Any number provided CAG permission is taken Correct Answer Incorrect Answer

      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.

      Practice Next
      ask-question