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Maximum no. of Directors in a Pvt company

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Maximum no. of Directors in a Pvt company

Postby king » Fri Dec 18, 2009 12:44 pm

Dear all,

what is the maximum limit for no. of directors in a pvt company. It is no where mentioned in companies act. U/s.252(2) it has mentioned every other company shall have atleast two directors. Atleast is ok, i.e. minimum no. of directors. what about maximum?

some says their is no limit. But my question if their is no limit then, pvt ltd co. total number of members is limited to 50. If we have 51 no. of directors in a pvt company then what is the position.As directors can b the members.And regarding employee also their is nothing mentioned in the act. No. of employees may be none or infinity.

So anyone please clarify that what is the maximum limit. Can we say it has 50?

Regards,
Chiranjeevi Raju
king
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Re: Maximum no. of Directors in a Pvt company

Postby suman khurana » Fri Dec 18, 2009 3:05 pm

Hi

In case of Independent private limited company, no limit has been prescribed for maximum number of directors. One must look at the AOA of the Company for checking out the maximum no of directors on the Board.

Further limit on the number of directors should not be linked with the number of members in the Company. Directors may or may not be members.

Hope so your querry has been clarified

Regards
suman khurana
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Re: Maximum no. of Directors in a Pvt company

Postby cs.ashishgupta » Sat Dec 19, 2009 4:17 pm

The maximum number of Directors for a public limited company is 12 (CG approval required beyond this limit) and the maximum number of Directors for a private limited company is fixed by its AOA.

In case AOA of private company provides for 25 Directors, then the Company can have 25 Directors, and they are separate from being a member of such AOA.

Hope this clarifies...

Ashish
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Re: Maximum no. of Directors in a Pvt company

Postby king » Tue Feb 02, 2010 2:52 pm

Thank you very much for the clarification
king
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