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What is the Minimum/Maximum Number of Directors in a Company- Section 149(1) of the companies act?

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What is the Minimum/Maximum Number of Directors in a Company- Section 149(1) of the companies act?
posted Jun 14, 2017 by Ramesh Gowda

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Minimum/Maximum Number of Directors in a Company- Section 149(1) Section 149(1) of the Companies Act, 2013 requires that every company shall have a minimum number of 3 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. A company can appoint maximum 15 fifteen directors. A company may appoint more than fifteen directors after passing a special resolution in general meeting and approval of Central Government is not required. A period of one year has been provided to enable the companies to comply with this requirement.

answer Jun 14, 2017 by Danial Rotwaski
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