165.Number of directorship
Explanation II.—For reckoning the limit of directorships of twenty companies, the directorship in a dormant company shall not be included
#Exemption to Section 8 company
So does it mean the section 8 companies shall not be included in the limit of 20?
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Does limit of 20 companies for Directorship includes section 8 companies?
Replies (5)
no section 8 companies will be excluded
Section 8 Companies shall be excuded for calculation of limit
Not included sec8 in directorship ceiling limit derickMachado
Hii macha..... r u frm mangalore
As per Amendment dated June 2015, a Director if holding the Directorship in 20 Company can still be appointed as Director in Section 8 Commpany. The Provision of holding Directorship in 20 companies shall not apply on section 8 Company
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