Question
What is the minimum number of directors which a One Person Company can have?
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.
More Other Laws and Acts Questions
- Punishment for cheating by personation under Section 319(2) of BNS may extend to:
- How many designated partners are required in LLP:
- The doctrine of "lis pendens' had been explained in which of the Section of the Transfer of Property Act?
- An admission is a-
- A magistrate may not remand the accused to police custody for
- According to Indian Partnership Act, 1932 which of the following situations makes a person a partner in a firm?
- “No person shall be compelled to be a witness against himself” is a ?
- Under Section 7 of the Limited Liability Partnership (LLP) Act, 2008, which of the following statements correctly describes the mandatory requirements for ...
- Under the Land Acquisition Act, 2013, consent of affected families is mandatory in which of the following cases?
- Under Section 54 of the Code on Wages, 2019, what is the penalty for an employer who pays wages less than the amount due under the Code for a first offence...
