Subscribers of moa
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 March 2012
can minor become a witness at the time of subscription of shares....i.e. has he authority to sign as witness on subscription page at the time of incorporation of the Company?
17 March 2012
No a minor can not legally sign as witness.
No. A minor cannot be party to a legal document and being a witness to a document is a legally binding action.
A minor is not eligible to enter into a binding contract.
No. A minor cannot be party to a legal document and being a witness to a document is a legally binding action.
A minor is not eligible to enter into a binding contract.
17 March 2012
Hi
No, he is not competent to contract in accordance with the provision of section 11 of Indian Contract Act, 1072.
Regards
No, he is not competent to contract in accordance with the provision of section 11 of Indian Contract Act, 1072.
Regards
17 March 2012
Agree with the experts.
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