Mohan, a director in Agile Ltd. holding director's identification number (DIN) allotted by the Central Government has now accepted directorship in two other public companies and three private companies. Referring to the
CS Professional · Advanced Company Law and Practice · PYQS · December 2015
Mohan, a director in Agile Ltd. holding director's identification number (DIN) allotted by the Central Government has now accepted directorship in two other public companies and three private companies. Referring to the provisions of the Companies Act, 2013, answer the following: Whether he is required to obtain DIN for each of the companies in which he has been appointed as director?
Answer & Explanation:
Section 155 of the Companies Act, 2013 provides for prohibition to obtain more than one Director Identification Number. An individual needs to have only one DIN. Accordingly, he is not required to obtain a separate DIN for each company. Only one DIN is sufficient.
Topics: Directors
Related Questions in this Topic
- Write short notes on the following: Directors and officers liability insurance policy.
- Write any four grounds for the rejection of application for DIN.
- Due to internal problems in the working of M/s Infighting Detergents Ltd., Mr. Satyam and Mr. Shivam, a Director, have s...
- Surtaal Ltd., has three directors on the Board. Two Directors resigned and in their place, two persons were named for ap...
- Ratanlal, a member of Rajratna Ltd. has given notice to the company for inspection of the contract of service with Manoh...