Director
CA Buddies (53 Points)
16 February 2019
a public company can have maximum how many director,and state their type?
3 Replies
c.bakshi
(practising company secretary)
(3221 Points)
Replied 18 February 2019
a public company can have minimum 3 director. they can be executive or non executive or a mixture of the two.
Vibha Trivedi
(437 Points)
Replied 18 February 2019
Maximum no of directors is fifteen. however by passing special resolution a company may appoint more than fifteen directors.
CS Vasudev Sharma
(Service)
(405 Points)
Replied 20 February 2019
I am going with the opinion of Vibha.. additionally the Composition of the board will be defined by the Capital Structure and borrowings of the Company. if it is required to appoint Independent director or not. Section 149 will help you in this case alongwith rules.
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