Question
Legal Studies Question on Company Law
Following is not correct about the Board of Directors:
A
Only individuals can be appointed as directors.
B
Requirement of one-woman director in listed cos & a director who has stayed in India for not less than 182 days in the previous calendar year.
C
Public co- should have minimum 5 directors and Private co- should have minimum 2 directors.
D
None of the above are correct.
Answer
Public co- should have minimum 5 directors and Private co- should have minimum 2 directors.
Explanation
Solution
The correct answer is option (C):Public co- should have minimum 5 directors and Private co- should have minimum 2 directors..