Question

    What is the minimum  number of directors in a public

    company?
    A Five Correct Answer Incorrect Answer
    B Three Correct Answer Incorrect Answer
    C Fifteen Correct Answer Incorrect Answer
    D Fifty-five Correct Answer Incorrect Answer
    E No limit Correct Answer Incorrect Answer

    Solution

    Section 149. Company to have Board of Directors: (1) Every company shall have a Board of Directors consisting of individuals as directors and shall have— (a) a minimum number of three directors in the case of a public company, two directors in the case of a private company, and one director in the case of a One Person Company; and (b) a maximum of fifteen directors.

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