Maximum limit of directors

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Whether AOA can state max limit of directors higher than statutory max of 15
Replies (3)

YES CAN BE .REQUIRED SPECIAL RESOLUTION TO BE PASSED BY BOD  

any reference

149. Company to have Board of Directors

(1) Every company shall have a Board of Directors consisting of individuals as

directors and shall have—

(a) a minimum number of three directors in the case of a public company, two

directors in the case of a private company, and one director in the case of a One Person

Company; and

(b) a maximum of fifteen directors:

Provided that a company may appoint more than fifteen directors after passing a

special resolution:

Provided further that such class or classes of companies as may be prescribed, shall

have at least one woman director.

149. Company to have Board of Directors

(1) Every company shall have a Board of Directors consisting of individuals as

directors and shall have—

(a) a minimum number of three directors in the case of a public company, two

directors in the case of a private company, and one director in the case of a One Person

Company; and

(b) a maximum of fifteen directors:

Provided that a company may appoint more than fifteen directors after passing a

special resolution:

Provided further that such class or classes of companies as may be prescribed, shall

have at least one woman director.


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