Companies Act, 1956

Section - 252 - Minimum number of directors

CHAPTER II

DIRECTORS

Constitution of Board of Directors

Minimum number of directors.

252. (1) Every [public company (other than a public company which has become such by virtue of )] [***] shall have at least three directors :

[Provided that a public company having,—

         (a)  a paid-up capital of five crore rupees or more;

         (b)  one thousand or more small shareholders,

may have a director elected by such small shareholders in the manner as may be prescribed.

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