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Question

A person can be appointed as independent director in maximum _____companies

A
7
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B
3
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C
5
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D
2
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Solution

The correct option is A 7
No person, after the commencement of this Act, shall hold office as a director, including any alternate directorship, in more than twenty companies at the same time, provided that the maximum number of companies in which a person can be appointed as an independent director shall not exceed seven.

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