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Companies Act, 1973 (Act No. 61 of 1973)

Chapter VIII: Directors

Number and Appointment

208. Number of directors

 

 

1) Every public company shall have at least two directors and every private company shall have at least one director.

 

2) Until directors are appointed, every subscriber to the memorandum of a company shall be deemed for all purposes to be a director of the company.

 


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