CA Final
1418 Points
Joined July 2009
Actually U/s 252 of the Companies Act,1956 the maximum limit on no. of Directors is not specified. But the Articles of Association can specify the limit of maximum no. of Directors and AOA should not reduce the minimum limit (3 in public Co. & 2 in other co.)
Please also refer Sec 258 & 259 where appointment requires CG Permission, Special & Ordinary Resolution.