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

    Question

    What is the maximum number of directorships, including

    alternate directorships, a person can hold simultaneously?
    A 10 companies Correct Answer Incorrect Answer
    B 15 companies Correct Answer Incorrect Answer
    C 20 companies Correct Answer Incorrect Answer
    D 25 companies Correct Answer Incorrect Answer
    E No limit specified 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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