New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    The maximum number of directors in a public company can

    be _______________ and it can be more than the said number if the company passes a__________________
    A 2 and Ordinary Resolution Correct Answer Incorrect Answer
    B 3 and Special Resolution Correct Answer Incorrect Answer
    C 3 and Ordinary Resolution Correct Answer Incorrect Answer
    D 15 and Special Resolution Correct Answer Incorrect Answer
    E 15 and Ordinary Resolution Correct Answer Incorrect Answer

    Solution

    Section 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.

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