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.ÂSolution
Section 165. Number of directorships- (1)Â Â 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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