can anybody tell me that maxmimum no of director appointed in a company (private and public )
can anybody tell me that maxmimum no of director appointed in a company (private and public )
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.
| Originally posted by : Vishnu Priya | ||
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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. |
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Agreed with Vishnu Priya
regards
Santosh Shah
The maximum no. of directors that a company can have is 12.
After that Central Govt. approval is reqd. Sec.259 (applivable to pub. co. & subsi of pub. co.)
No such restriction on Pvt. co. It has to follow its articles.
| Originally posted by : Vishnu Priya | ||
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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. |
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totally agreed
I agree with Vishnu Priya ........
| Originally posted by : Vikash Kharvar | ||
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I agree with Vishnu Priya ........ |
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i agree with vishnu priya....
Agree with Shridhi..
| Originally posted by : sakshi | ||
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Agree with Shridhi.. |
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Shridhi Jain is Correct.
Rightly said by Vishnu Priya, agree.
My dear Friends!
Here is a link for "Report of Expert Committee on Management and Board Governance" in MCA Site regarding many issues of Board. please go through it to find out the limit on maximum no. of directors.
https://www.mca.gov.in/Ministry/reportonexpertcommitte/chapter4.html
www.mca.gov.in/Ministry/reportonexpertcommitte/chapter4.html
Regards
Vishnupriya
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