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of <h1>Companies Must Appoint Minimum Directors; Special Rules for Women, Independent Directors Under Specific Sections</h1> Every company must have a Board of Directors with a minimum of three directors for public companies, two for private companies, and one for One Person Companies, with a maximum of fifteen directors unless a special resolution is passed. Companies must appoint at least one woman director and have at least one director residing in India for 182 days annually. Listed public companies require one-third independent directors. Independent directors must meet specific criteria, including no significant financial ties to the company. They serve up to five years per term, with a maximum of two consecutive terms. Independent directors are liable only for acts they are aware of and involved in.
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