CS
2942 Points
Posted on 11 August 2018
No as per Section 160 of the Companies Act 2013, the person himself or person /member on his behalf shall give the notice of his intention to act as the Director of the Company and shall deposit the amount of 100000/- either himself or by other person on his behalf .
Here member shall not means the shareholder of the Company. Here member means any person on behalf of the candidate