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cs
308 Points Posted on 13 April 2017
Dear Respected fellows , my question is that can a minor become a director as well as shareholder of the company. Anticipating a favorable response.
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On 13 April 2017 at 12:18 Report
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17 Points Posted on 13 April 2017
1. Minor as a Director

Sir
a minor can not apply for DIN which is the first requirement for becoming a Director.
(DIR-3 Help).
minimum age for DIN APPLICATION is 18 years.
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On 13 April 2017 at 13:24
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17 Points Posted on 13 April 2017
2. Minor as member
A minor can not be enter into contracts
therfore neither he can subscribe to MOA nor he can purchase the shares.
but he can be gifted the shares provided it shall be remain with the guardian until he attains majority.
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On 13 April 2017 at 13:26
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cs
308 Points Posted on 13 April 2017

Art professionals much thanks for your time and suggestions

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On 13 April 2017 at 15:05
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17 Points Posted on 13 April 2017
you are welcome sir.
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On 13 April 2017 at 16:07


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