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Increase in no. of Directors beyond Twelve

CS Pooja (Company Secretary) (305 Points)

14 July 2011

To what extent public limited company can increase the max no. of Directors beyond Twelve by Central Govt Permission?

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7 Replies

nidhigoel89 (Company Secretary ) (594 Points)
Replied 14 July 2011

Hello,

As per the sec prescribed no such limit is given . My views are there is as such no limit given, it depends on the permission grant by CG.

Views of learned members are solicited.

Reagrds

Nidhi

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
Replied 14 July 2011

Your views are correct.

Any of the learned members have any idea what are the factors considered by CG in giving approval for increase

rachit jain (chartered accountant ) (635 Points)
Replied 14 July 2011

there is no limit as such. cent.govt can allow any no of director if it is in public interest.

CS Ankur Srivastava (Company Secretary & Compliance Officer) (17848 Points)
Replied 14 July 2011

I endorse the view of Rachit.

If any company wants to appoint director more than 12, whether it is premitted by its Articles, Central Government['s permission is required. Central Government if it thinks in the interest of public / shareholders permit the appointment of Director.