Commercial Correspondence and Secretarial Practice · Ch 5 — Directors of a Company
Minimum and Maximum Number of Directors
Minimum and Maximum Number of Directors
Section 149(1) of the Companies Act, 2013 fixes both a floor and a ceiling on the size of a company's Board. Every company must have a Board of Directors consisting of individuals only — a body corporate, association, or firm cannot itself be appointed a director. A public company must have a minimum of three directors, a private company a minimum of two directors, and a One Person Company (OPC) a minimum of one director. At the upper end, the Act caps the maximum strength of the Board at fifteen directors; a company wishing to appoint more than fifteen must first pass a special resolution authorising the increase, so growth beyond the default ceiling requires a deliberate, higher-threshold shareholder decision rather than an ordinary Board or management call. …
Under Section 149(1) of the Companies Act, 2013: a public company must have at least three directors, a private company at least two directors, and a One Person C …
Under Section 149(1), the maximum strength of a company's Board is fifteen directors; a company may appoint more than fifteen only after passing a special resolut …