Director
This query is : Resolved
04 September 2014
HOW MUCH DIFFERENT TYPES OF COMPANY A INDIVIDUAL CAN HOLD AS A DIRECTOR ?(DIFFERENT TYPE COMPANY= PUBLIC , PRIVATE /NPO/ UNLIMITED LIABILITY)
CS Mitesh Mehta
(Expert)
06 September 2014
165. (1) No person, after the commencement of this Act, shall hold office as a director,
including any alternate directorship, in more than twenty companies at the same time:
Provided that the maximum number of public companies in which a person can be
appointed as a director shall not exceed ten.
Explanation.— For reckoning the limit of public companies in which a person can be
appointed as director, directorship in private companies that are either holding or subsidiary
company of a public company shall be included.
including any alternate directorship, in more than twenty companies at the same time:
Provided that the maximum number of public companies in which a person can be
appointed as a director shall not exceed ten.
Explanation.— For reckoning the limit of public companies in which a person can be
appointed as director, directorship in private companies that are either holding or subsidiary
company of a public company shall be included.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
