DirectorÂ of a company holds an important position in a company. According to section 149(1) of Companies Act, 2013 Every company should have a board of directors comprised of individuals acting as directors of the company. The Act has the norms for the minimum and the maximum numbers of Directors to be appointed in a company.
Minimum No. of Directors:
- In the case of Public Company, the minimum is Three.
- In the case of Private Company, the minimum is Two.
- In the case of One Person Company, the minimum is One
The Maximum number of Directors is restricted to Fifteen and if the company needs to appoint more than 15 directors, a Special resolution required to be passed in General Meeting.
To Know the Process of Appointment of Director Click Here
For Private Limited Company Registration click here