AIBE XV — January 2021 — Q.96 (Companies Act, 2013)

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Q.96

Company Law Medium Knowledge-Based

Bare Act Companies Act, 2013 · Section 149(1)

Minimum number of Directors in a Public company:

✓ 3 Answer

B 10

C 12

D 5

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Explanation & Strategy

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Section 149(1) of the Companies Act, 2013 requires a minimum of 3 directors for a public company, 2 for a private company, and 1 for a One Person Company. The maximum is 15 for all types, extendable by special resolution.

At a Glance

Subject Company Law

Difficulty Medium

Act Companies Act, 2013

Section Section 149(1)

Answer (A) Knowledge-Based

Paper AIBE XV — January 2021

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