Number of directorships.

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....bsp;   Provided that the maximum number of public companies in which a person can be appointed as a director shall not exceed ten.                Exiplanation.- For reckoning the limit of public companies in which a person can be appointed as director, directorship in private companies that are either holding or subsidiary co....

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.... the other remaining companies; and           (c) intimate the choice made by him under clause (a), to each of the companies in which he was holding the office of director before such commencement and to the Registrar having jurisdiction in respect of each such company.      (4) Any resignation made in pursuance of clause (b) of sub....