Under section 149 of the Companies Act, 2013 and the prescribed woman-director requirement applicable…
Section 149 requires at least three directors for a public company, two for a private company and one for a One Person Company. Directors must be individuals. The…
Choose your answer
Under section 149 of the Companies Act, 2013 and the prescribed woman-director requirement applicable in 2024, which statement is NOT correct?
Answer and explanation
Correct answer C
Section 149 requires at least three directors for a public company, two for a private company and one for a One Person Company. Directors must be individuals. The resident-director period is measured during the financial year, with proportionate application for newly incorporated companies.
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