Tag Archives: directors


Section – 149, Companies Act, 2013 (Enforced with effect from 1-4-2014) CHAPTER XI APPOINTMENT AND QUALIFICATIONS OF DIRECTORS Company to have Board of Directors . 149.1(1) Every company shall have a Board of Directors consisting of individuals as directors and shall have— (a) a minimum number of three directors in the case of a public company,… Read More »

Directors can not be appointed if age above 70 years

Facts of the case On 1st April 2014, Companies Act was amended and by the Amendment Act of 2013, a new clause was introduced in Section 196(3)(a). By virtue of the said amendment vide sub-clause (3)(a), additional disqualification was added to the disqualifications which already existed in the said provision namely a Managing Director could… Read More »