📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • âś–

      Question

      As per the Companies Act the maximum number of

      directors in a public company can be _______________ and it can be more than the said number if the company passes a__________________.
      A 3 and Special Resolution Correct Answer Incorrect Answer
      B 3 and Ordinary Resolution Correct Answer Incorrect Answer
      C 15 and Special Resolution Correct Answer Incorrect Answer
      D 15 and Ordinary Resolution Correct Answer Incorrect Answer

      Solution

      Explanation: 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: Provided that a company may appoint more than fifteen directors after passing a special resolution.

      Practice Next
      More Banking Related Laws Questions
      ask-question