Number of Directorship

[Jalpa Shah]

Dear All,

As per Amendment, Section 165 (Number of Directorships) of Companies Act, 2013 is made applicable to LLPs w.e.f. 1st April, 2022. My query is that the limit of 20 companies is different for LLPs and Companies? i.e. 20 Companies and 20 LLPs?

For e.g. If a person is Director in 8 Companies and Designated Partner in 15 Companies, will it be considered as violation?

Also need clarification whether Body Corporate DP Nominee will be counted in the number of Directorships? i.e. If Body Corporate is Designated Partner and person is Authorised Person, will that be counted or not?

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Thanking You

 

With Warm Regards, 

CS Jalpa Jignashu Shah 
808, Span Trade Centre, Opp. Kocharab Asharam, 
Nr. Paldi Cross Road, Pritamnagar, Ahmedabad - 380006
Tele: (079) - 40092289, 26582289

M: 9328238330

[Jalpa Shah]

Dear All,

Please guide in the matter:

As per Amendment, Section 165 (Number of Directorships) of Companies Act, 2013 is made applicable to LLPs w.e.f. 1st April, 2022. My query is that the limit of 20 companies is different for LLPs and Companies? i.e. 20 Companies and 20 LLPs?

For e.g. If a person is Director in 8 Companies and Designated Partner in 15 Companies, will it be considered as violation?

Also need clarification whether Body Corporate DP Nominee will be counted in the number of Directorships? i.e. If Body Corporate is Designated Partner and person is Authorised Person, will that be counted or not?

[Mahesh Kumar]

Dear Madam,

There is no clarity regarding this, however as per the spirit of law it seems that 20 Companies include LLPS also (LLP and Company in total 20). 

Further Body Corporate DP nominees will also be counted as all the duties and roles are to be fulfilled by the individual only. 

Different professionals may have different views.

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