Section 155 · Chapter XI, Appointment and Qualifications of Directors
Prohibition to obtain more than one Director Identification Number
📚 Law Minded summary
No one may hold more than one Director Identification Number.
A second number would let a disqualified person reappear as somebody new, which is exactly what the single-number rule prevents.
Section 155. Prohibition to obtain more than one Director Identification Number
No individual, who has already been allotted a Director Identification Number under section 154, shall apply for, obtain or possess another Director Identification Number.
All sections in Chapter XI — Appointment and Qualifications of Directors