Question

29. ) A person cannot hold office of a director
at a same time in more than :
(A) 20 companies
(B) 15 companies
(C) 5 companies
(D) 25 companies​

Answer 1

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 public companies in which a person can be appointed as a director shall not exceed ten.