Question

What is the minimum number of directors in the case of a public company?

A Two Correct Answer Incorrect Answer
B Thirty Correct Answer Incorrect Answer
C Three Correct Answer Incorrect Answer
D Thirteen Correct Answer Incorrect Answer
E Thirty-three Correct Answer Incorrect Answer

Solution

Companies Act  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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