Maximum numbers of directorship

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ashwani gupta (Querist)
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22 February 2018 Mr. X, already director in 20 companies wants to be Designated partner in one or more LLP.
can he become so?

Is there any law which prohibits or permit such act specifically?

Arpit

Arpit (Expert)
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22 February 2018 yes he can become designated partner. As per Section 165 of the Companies Act, 2013, a person can act as a Director in maximum 20 companies. LLP is excluded from the defination. There he can become partner or designated partner in many LLPs

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ashwani gupta

ashwani gupta (Querist)
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22 February 2018 thanks for valuable advise