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of <h1>Minors Cannot Be Directly Listed as Company Members; Guardians Can Register on Their Behalf per Section 153 Guidance.</h1> The circular addresses the issue of whether a minor's name can be entered in a company's register of members. Based on the Judicial Committee of the Privy Council's ruling in Mohori Bibi v. Dharamdas Ghose, a minor's contract is void in India. Thus, a minor cannot independently become a company member as they cannot enter into a contract. While a guardian can contract on behalf of a minor, section 153 prevents the minor's name from being registered. The government suggests listing the guardian's name in the register for shares owned by minors, as minors can purchase fully paid-up shares without contractual obligations.
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