Dear All,
Can a minor be a intial subscriberer to MOA? kindly share ur views...
Neetu Agrawal (PCS) (213 Points)
20 August 2013Dear All,
Can a minor be a intial subscriberer to MOA? kindly share ur views...
Ankit
(CA, CS)
(3064 Points)
Replied 20 August 2013
Dear Neetu,
According to me, a minor cannot be a subscriber to the MoA since he is incopetent to contract.
though he can hold shares, but cannot be a subscriber to the MoA