
Best Company Law Summary Notes for CA/CS/CMA
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Section
Requirement
Provision
149(1)(a)
Minimum
number of directors
Public
Company -3
Private
Company -2
One
Person Company - 1
149(1)(b)
Maximum
Directors
15
To
increase number of directors beyond 15, pass SR in GM
Rule – 3 read with section 149
Prescribed
Companies...