Multiple Choice Questions on Maximum number of Public Companies in which a person can be appointed as a Director shall be ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Maximum number of Public Companies in which a person can be appointed as a Director shall be ........

Companies Act-Phase (I & II) Directors - powers and appointment
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    Maximum number of Public Companies in which a person can be appointed as a Director shall be:

    Twenty  Public Companies

    Incorrect Answer

    Ten Public Companies

    Correct Answer

    Five Public Companies

    Incorrect Answer

    Fifteen Public Companies

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    As per section 165 of Companies Act, 2013, No person , after the commencement of this Act, shall hold office as a director, including any alternate directorship , in more than 20 companies at the same time,

    provided that the maximum number of Public Companies in which a person can be appointed as a Director shall not exceed 10. 

    By: Vikas Goyal
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