Minnor as a director

This query is : Resolved

abhi (Querist)
Follow

05 September 2010 Hi ,

Can a minor be appointed as a director in Pvt Ltd. companies.?Whether he is eligible to get DIN ? give me with related provisions fr my reference....

Thanks..

Ankur Garg

Ankur Garg (Expert)
Follow

05 September 2010 Now with DIN, minor may not be able to become a Director.

Minor cannot be a director in private Limited Company or any other Company. When any person is appointed as director not only Companies Act but other Laws and Act also must be considered.

When a minor himself cannot make a contract, the directorship of minor is of no use where he has to perform certain work personally.

Ankur Garg

Ankur Garg (Expert)
Follow

05 September 2010 Further in case of a minor there is no provision in the Act expressly disqualifying him.

However, since a minor is not competent to contract, he cannot file with the Company or with the Registrar any valid consent to act as Director, as required u/s 264.

Wait for other experts to comment !!!

mohinder kansal

mohinder kansal (Expert)
Follow

05 September 2010 dear Ankur, i have gone through most replies given by u and in my opinion all are satisfactory. i advise not to . write wait for other comments. it shows that u have not confident of ur reply. u should reply with confidence as these are most satisfactory. if someone finds some deficiency he will rectify at his own. it is only my advice to u. rest as u wish.

Message likes : 1 times

Ankur Garg

Ankur Garg (Expert)
Follow

07 September 2010 Thanks Sir for your observation...I'll surely follow the same.

Best Regards

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now