Economics · Company Law - Directors
Which of the following statements is INCORRECT with regard to the Director Identification Number (DIN) under the Indian Companies Act?
- 1A single DIN is required for an individual irrespective of the number of directorships held by him.
- 2DIN is mandatory for directors of foreign comp anies having only a liaison or branch office in India without incorporation.✓
- 3DIN is mandatory for all directors of Indian companies whether they are citizens of India or no t.
- 4DIN is a unique identification number and once obtained is valid throughout the lifetime of a director.
Correct answer
DIN is mandatory for directors of foreign comp anies having only a liaison or branch office in India without incorporation.
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