Minor become a director?

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CA Hardik Bunha (Querist)

01 August 2012 Can minor become a director in public company or in private company?

as some authors believe that DIN is not provided to minor but MCA not clarified about that.

Guest

Guest (Expert)

01 August 2012 Minor being not competent to contract can not become director of the company.

Guest

Guest (Expert)

01 August 2012 The instructions in Form 32 at page no 2 makes it clear.

It says

"Age of the appointee cannot be less than eighteen years"

Charu Srivastava

Charu Srivastava (Expert)

01 August 2012 In addition to the above

Director Identification Number (DIN) is compulsory for becoming a Director and a minor is not allotted a DIN.

Therefore a minor cannot become a Director.

CA Hardik Bunha

CA Hardik Bunha (Querist)

01 August 2012 what will be your answer IF ICAI COMPANY LAW FINAL MODULE SAYS THAT
IF PUBLIC COMPANY - MINOR NOT ELIGIBLE
IF PRIVATE COMPANY - MINOR IS ELIGIBLE, BUT HE CAN NOT BECOME A MANAGING DIRECTOR.

Ajay Mishra

Ajay Mishra (Expert)

01 August 2012 Hi

Experts has given best answer, i will suggest you to follow their reply and module can be mistakenly said but a minor is not eligible to appoint in any form of director in any company.

Because, for private company also to be managing director he/she should be director and they will not DIN until they complete the age of majority.

So go ahead with expert.

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