Directorship limits under company law may be set lower for specified classes, with explanatory wording updated accordingly. Section 165 of the Companies Act, 2013 is proposed to be amended to empower the Central Government, by notification, to specify a lower number under sub-section (1) for particular classes of companies or directors. Explanation II is also revised by substituting the words 'of twenty companies' with 'under this section,' aligning the explanation with the amended provision and the revised directorship ceiling framework.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Directorship limits under company law may be set lower for specified classes, with explanatory wording updated accordingly.
Section 165 of the Companies Act, 2013 is proposed to be amended to empower the Central Government, by notification, to specify a lower number under sub-section (1) for particular classes of companies or directors. Explanation II is also revised by substituting the words "of twenty companies" with "under this section," aligning the explanation with the amended provision and the revised directorship ceiling framework.
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