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Section 149 - Company to have Board of Directors - Companies Act, 2013
Companies Act, 2013
CHAPTER XI APPOINTMENT AND QUALIFICATIONS OF DIRECTORS Company to have Board of Directors 149. (1) Every company shall have a Board of Directors consisting of individuals as directors and shall have- (a) a minimum number of three directors in the case of a public company, two directors in the case of a private company, and one director in the case of a One Person Company; and (b) a maximum of fifteen directors Provided that a company may appoint more than fifteen directors after passing a special resolution Provided further that such class or classes of companies as may be prescribed, shall have at least one woman director. (2) Every company existing on or before the date of commencement of this Act shall within one year from such commencem ....... - .......