Question

How many directors must be appointed by the private company?

• A. 2 directors
• B. 3 directors
• C. 4 directors
• D. 5 directors

Answer 1

The correct option is A 2 directors

Section 149(1) of the Companies Act, 2013, provides for maximum and minimum directors in a company. It says, every company shall have a Board of Directors consisting of individuals as directors and shall have—

(a) a minimum number of three directors in the case of a public company, two directors in the case of a private company, and one director in the case of a One Person Company; and

(b) a maximum of fifteen directors