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No of Directorship

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Max no of Directorships that the person can hold according to Companies Act is 15 or 20.. kindly clarify
Replies (8)

As per section 275 of the Companies Act, 1956 No person to be a director of more than fifteen companies.

 

Regards

Dear Shylaja,

 

As per section 275 maximum no of directorship is 15 Companies, save as otherwise provided under section 276,277 & 278.

For calculating the No. of Directorship, Following directorship shall be exclued:

(1) Directorship in Private Company

(2) Alternate Director

(3) Unlisted Company

(4) Section 25 Company.

-------------------------------------------

If you need further clarification than contact me

 

CS Ankur Shah (Practicing Company Secretary)

“Guru Gautam” Bungalow, Inside Parshwa Tower,

Nr. Shyamal Cross Road, 132ft. Ring Road,

Satellite, Ahmedabad – 15

 

Contact: + 91-9427633901

E-mail: ankur @ csankur.com, ankurjewel @ gmail.com

Blog: csankur.blogspot.com

Website: www.csankur.com

Dear Ankur Shah, I wish to clarify that directorship in unlisted company is counted u/s 275. As per Section 278 Directorship in the following co. are excluded:

-Pvt. Co.

-Section 25 Co.

-Unlimited Co.

-Alternate Directorship.

Directorship under a pvt company which is a subsidiary of a public company will also be counted u/s275

I agree sir.

As per sec. 278 directorship under a private co.  which is holding of a Public Co. shall also be counted u/s 275.

Sorry to all that was typing Mistak, I mean to say Unlimited Company.


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