Director

This query is : Resolved

Share Report Follow Query Ask a Query

CA SUBHANKAR PYNE

CA SUBHANKAR PYNE (Querist)
Follow

22 September 2011 IN HOW MANY PRIVATE COMPANIES A PERSON CAN BECOME A DIRECTOR?

Saroja

Saroja (Expert)
Follow

22 September 2011 There is no restrictions under Companies Act

For a private Company i said above

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

22 September 2011 A director cannot hold directorship of more than 15 companies at a time Section 275 of the Act provides that no person, shall hold directorship in more than 15 companies. In calculation of 15 companies pursuant to the provisions of section 275 the following companies shall be excluded:—

(a) a private company which is not a subsidiary/holding company of a public company;

(b) an unlimited company;

(c) an association not carrying on business for profit — section 25;

(d) if he is an alternate director in another company.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Somnath Maiti

Hanuma Yanduri

Amit Yadav

BALU RAJADURAI

Rakesh Bansal

Subscribe Now

Director

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA