Incorporation of co.

This query is : Resolved 

21 October 2011 1. Can a minor obtain DSC.

2. Can a minor become member of a company?

3. Does a Public Ltd Co not having Share Capital has to acquire certificate to commence business or COI is sufficient for it?

21 October 2011 yes minor can obtain DSC

Minor can be member in co for fully paid up shares.


21 October 2011 Minor can't become a member per se of a company due to the incompetency to enter into a contract.
However minor can become a shareholder ,by virtue of transfer/transmission only, of fully paid up shares.


21 October 2011 Thank u B.Chackrapani Warrier and Vishal Ji
for ur kindness in repling...


Hare Krishna......

25 October 2011 Minor can become member per se and not necessarily only by transfer/transmission.

In IPO/FPO minor can apply for share directly, even if shares are partly paid.

25 October 2011 can u plz tell me some case law.......

04 November 2011 There is no need of case law. Just go to any DP and open a Dmat A/c in the name of minor. He will open.



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