Companies Act, 2017
Companies Act, 2017 — section 154
154. Minimum number of directors of a company..—(1) Notwithstanding anything contained in any other law for the time being in force,
(a)a single member company shall have at least one director;
(b)every other private company shall have not less than two directors;
(c)a public company other than a listed company shall have not less than three directors; and
(d)a listed company shall have not less than seven directors: Provided that public interest companies shall be required to have female representation on their board as may be specified by the Commission.
(2)Only a natural person shall be a director.
This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.
