Maximum limit of directors
Raga sudha (Article student) (24 Points)
06 June 2018
Whether AOA can state max limit of directors higher than statutory max of 15
Raga sudha (Article student) (24 Points)
06 June 2018
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 06 June 2018
YES CAN BE .REQUIRED SPECIAL RESOLUTION TO BE PASSED BY BOD
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 06 June 2018
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:
Provided that a company may appoint more than fifteen directors after passing a
special resolution:
Provided further that such class or classes of companies as may be prescribed, shall
have at least one woman director.
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:
Provided that a company may appoint more than fifteen directors after passing a
special resolution:
Provided further that such class or classes of companies as may be prescribed, shall
have at least one woman director.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
