Status of Minor in Comapnies Act or Other in other Law
Querist : Anonymous
Can anybody explian me the status of Minor in Companies Act, 1956 and in other law..?
As per Indian laws Minor is not eligible to enter into a contract or he in considered as incompetent to enter into a contract.
Regards
Querist : Anonymous
can we mention minor name or their gurdian?
You may allot the shares in the name of guardian on behalf of minor.
You may use the following way to enter name in register...
Vadana Gupta (Acting through her Guardian Ms. Anu Gupta)
Regards
Courtesy :- Secretarial standards of ICSI.
Dear Warrier sir
But in that case also the name of minor will not be in the register or index of shareholder , plz comment .
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