Number of Directorships

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  1. panke12392

    panke12392 New Member

    "Section165(2) Subject to the provisions of sub-section (1) of section 165, the members of a company may, by special resolution, specify any lesser number of companies in which a director of the company may act as directors."

    Is section 165(1) regarding 20 companies applicable on sub-section 2 or not ?
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