Multiple choice The maximum number of directors in a public company can be _________. 3 7 12 15 Reveal answer Fill a bubble to check yourself D Correct answer Explanation The 1956 Act prescribed minimum 2 directors for a private and 3 for a public company to constitute a Board. This criterion has been retained by the new Act, but the maximum limit of directors on the Board has now been raised from 12 to 15.