Minimum Number of Directors in a company

The Companies Act, 2013 (the Act) requires every company to have at least three directors. However, there are some exceptions to this rule. For example, a One Person Company (OPC) can have only one director.

Multiple choice questions (MCQs) on the minimum number of directors in a company

  1. Which of the following companies is not required to have at least three directors?
    • A public company
    • A private company
    • A One Person Company (OPC)
    • A small company
    • The answer is (c). An OPC is not required to have at least three directors. It can have only one director.
  2. A company has two directors. One of the directors resigns. How many directors does the company need to have?
    • Two
    • Three
    • It depends on the type of company
    • It depends on the decision of the board of directors
    • The answer is (b). The company needs to have at least three directors. Therefore, it needs to appoint another director.
  3. A company is being wound up. How many directors does the company need to have?
    • None
    • One
    • Three
    • It depends on the decision of the liquidator
    • The answer is (a). A company that is being wound up does not need to have any directors.

Answers

  1. (c)
  2. (b)
  3. (a)