Company Secretary
347 Points
Joined June 2009
As per Section 259 of Companies Act , A public limited Company or a private company which is a subsidiary of a public company, may have 12 Directors , to increase number of Directors beyond 12 Approval From Central Government is required.
There is no such Limit in case of Private Company, As Section 259 of Companies Act does not apply to Private Limited Companies, in case of Private Limited Company, maximum number of directors is governed by Articles of the Company