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      Question

      The maximum number of public companies in which a person

      can be appointed as a director shall______________
      A Not be more than twenty Correct Answer Incorrect Answer
      B Not exceed ten Correct Answer Incorrect Answer
      C May be more than twenty Correct Answer Incorrect Answer
      D As the Central Government may prescribe Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Section 165. Number of directorships- (1) 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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