Minor director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 October 2013
CAN MINOR BE THE DIRECTOR OF PRIVATE COMPANY???
Suresh Ramaswamy
(Expert)
18 October 2013
NO - a minor cannot be a director of any company.
The Indian Contracts Act,1872 makes a minor incapable of contracting and all contracts with minors are void ab initio.
The Companies Act 1956 and 2013 lays down a number of duties and obligations for Directors which are basically contractual in nature.
Hence a minor cannot be appointed a Director of a company registered under Companies Act in force.
The Indian Contracts Act,1872 makes a minor incapable of contracting and all contracts with minors are void ab initio.
The Companies Act 1956 and 2013 lays down a number of duties and obligations for Directors which are basically contractual in nature.
Hence a minor cannot be appointed a Director of a company registered under Companies Act in force.
Ajay Mishra
(Expert)
18 October 2013
Hi
No read the Instruction kit of Form-32 available on MCA portal.
The person who is less than 18 years will not be eligible to have a DIN.
No read the Instruction kit of Form-32 available on MCA portal.
The person who is less than 18 years will not be eligible to have a DIN.
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