COMPANIES Act 1956 - DIRECTORSHIP

Can a Company Become A Director of Another Company ???? 

Plz Discuss in Detail and not only Yes / No

Replies (3)

NO

the basic definition of director as per the companies act, 1956  is the Director should be an individual. in some foreign countries companies are allowed as directors. but in india it is not accepted.

 

Hi,

 

As per section 253 of Companies Act, 1956 only individual can be appointed as a director of the company.

 

For more learning:

 

The reason why only an individual should be a director is pointed out by Supreme Court in


Oriental Metal pressing Works private limited Vs. Bhasker Kashinath Thakoor.

 

According to Supreme Court the office of a director is to some extent an office of trust and there should be somebody available on whom responsibility could be fixed. Fixing such responsibility might be difficult if the director is a corporation or an association or firm.

 

Hope this would be of some help.

 

Best Regards

It is specifically provided under section 253 that No body corporate, association or firm shall be appointed director of a company, and only an individual shall be so appointed.

 

Therefore, no matter to discuss, as specifically provided in the Act itself.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details