Q.State the minimum and maximum number of directors prescribed for a public company, a private company, and a One Person Company.

Section 149(1) of the Companies Act fixes both a floor and a ceiling on Board size, and the floor differs by company type while the ceiling is common to all three.

The 15-director ceiling can be crossed only if the members pass a special resolution allowing it.

Under Section 149(1) of the Companies Act, 2013, every company must have a Board consisting only of individuals, subject to the following minimum and maximum limits:

In every case, the company may go beyond 15 directors only after passing a special resolution in general meeting. Section 149(3) additionally requires every company to have at least one resident director — someone who has stayed in India for a total of not less than 182 days in the financial year.