TaxTMI 
TaxTMI 
Number in Directors Sec 275
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....umber in Directors Sec 275<br> Query (Issue) Started By: - krishna besta Dated:- 7-4-2012 Last Reply Date:- 7-4-2012 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>Dear Sir, The below....
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.... mentioend query Would you clarify for us. As per Section 275 Companies Amendment act 2000 has reduced to limited number of Directiorship in to 15 numbers. Actualy the issue is One of Person having....
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.... 19 companies Directorship to till the date. We are required to get the new company Incorporation with the Same above said person as a Managing Director. Is he elgible to Opoint the New Company Incorp....
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....oration as Managing Director and have to sign the all documenst for getting Incorporation Certificate in ROC. Please let you the above issue. Reply By teena saraswat : The Reply: if one person hold....
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....s directorsip in a co. that number cant be more than 15, while calculating 15 following shall be excluded- * Pvt company which is neither subsidary nor holding of a public co. * Not for profit ass....
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....ociation * An unlimited company... In the above case if after excluding the above mentioned co.'s number is morethan 15 then he has to make choice give up directorship of other companie and accept ....
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....directorship[ of new company & reduce the total to 15.In no case the number should be more than 15.<br> Discussion Forum - Knowledge Sharing ....