Question

    A person can hold directorship in ______ companies simultaneously.

    A 5 Correct Answer Incorrect Answer
    B 8 Correct Answer Incorrect Answer
    C 10 Correct Answer Incorrect Answer
    D 15 Correct Answer Incorrect Answer
    E 20 Correct Answer Incorrect Answer

    Solution

    As per Section 165 of Companies Act, 2013, a person can be a director of maximum 20 companies at same time (including any alternate directorships). Within this limit, he/she can be a director of maximum 10 public companies. Further the members of a company may restrict abovementioned limit by passing a special resolution.

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