Section 154 · Chapter XI, Appointment and Qualifications of Directors
Allotment of Director Identification Number
📚 Law Minded summary
The Central Government allots the Director Identification Number within one month of receiving the application.
A short procedural section, but it is the step that turns an applicant into someone eligible to be appointed.
Section 154. Allotment of Director Identification Number
The Central Government shall, within one month from the receipt of the application under section 153, allot a Director Identification Number to an applicant in such manner as may be prescribed.
All sections in Chapter XI — Appointment and Qualifications of Directors