Qualification To Become A Director| Qualification Shares | DIN | Companies Act, 2013 #shorts

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Qualification to become a Director in a Company:
No academic qualification as such is stated under Companies Act, 2013. However, Articles of Association (AOA) may state qualification required to become a Director in a company.

Summary of General provisions of Companies Act is as follows:
1. Age: More than 21years.
2. DIN Director Identification Number is allotted by Central Government.
3. Qualification shares- It is the minimum number of shares required to be purchased by the prospective Director.
4. Ability, integrity and experience of managing a company. It includes leadership skills, analytical thinking and strategic planning.

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