Give us your phone number and email
we will send you the details.

By contacting this business you agree to follow all our terms and conditions mentioned here.

Verify OTP

Please check your email for the OTP, if not received please refresh the page and try again, also check your spam folders.

Upload Resume to create profile
Email: |
Create Job Alert

Query: What is requirement of Maximum and the Minimum Number of Directors in a Company

Category: Corporate Law

Answer: A company can, however, have a maximum of fifteen Directors and it can be increased further by passing a special resolution. Minimum Number of Directors: I. Private Limited Company – 2 Directors II. Limited Company – 3 Directors III. One Person Company – 1 Director Maximum Number of Directors: A company can have maximum of 15 directors but the same can be increased by way of passing special resolution. Requirement of Women Director: There has been a change in law, according to which, every listed public company and other public limited company which are not listed but having a i) paid-up share capital of Rs. 100 crore or more or ii) having a turnover of Rs. 300 crores or more are required to appoint at least one woman Director. But there is no women Director requirement for a private limited company registration. If any director contravenes the provisions of this section such director shall be punishable with fine which shall not be less than Rs.1,00,000/- but which may extend to Rs.5,00,000/-.

Date Posted 26-Dec-2019
Posted By Divya Sharma
Views: 368

Related Queries