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First Director

09 March 2020

Subscriber of MOA is deemed to the director of the company till the first director is appointed as per section 151. Then whether such person is required to hold DIN?

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2 Replies

CA Naveen Chand (Chartered Accountant) (12739 Points)
Replied 15 March 2020

after incorporation of company

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Anand Mudaliar (Operation Team Executive) (38 Points)
Replied 04 April 2020

In case of incorporation of company, if no persons are appointed as directors of the company, then the promoters of the company will be considered as directors.

Yes, after incorporation they need to hold DIN subject to minimum requirement of directors, If promoter does not hold any DIN at the time of incorporation, they can apply via SPICE+ (new incorporation form) up-to maximum 3 new DIN application can be made.

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