New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the minimum number of directors which a One

    Person Company can have?
    A One Correct Answer Incorrect Answer
    B Two Correct Answer Incorrect Answer
    C Three Correct Answer Incorrect Answer
    D Fifteen Correct Answer Incorrect Answer
    E No such requirement 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 a public company, two directors in a private company, and one director in a One Person Company; and (b) a maximum of fifteen directors, company may appoint more than fifteen directors after passing a special resolution: class or classes of companies as may be prescribed, shall have at least one-woman director.

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