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Lower min age for MD, directors to 18: Parliamentary panel

NEW DELHI: The joint committee of Parliamentary panel examining the amendments to the Companies Act has recommended reducing the minimum age for appointment as managing director and whole-time director from 21 years to 18, bringing it in line with similar age caps in the US, Singapore, Germany and Australia. It has also backed raising the maximum age from 70 years to 75, without the requirement of a special resolution.

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timesofindia.indiatimes.com

economictimes.indiatimes.com

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timesofindia.indiatimes.comStai leggendo21 h fa

Lower min age for MD, directors to 18: Parliamentary panel

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economictimes.indiatimes.com12 h fa

Move over, boomers: More Gen Z power for company boardrooms

A parliamentary committee has proposed lowering the minimum age for managing and whole-time directors from 21 to 18, aligning company law with existing rules that allow 18-year-olds to serve as directors.

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martedì 4 agosto 2026·timesofindia.indiatimes.com
Lower min age for MD, directors to 18: Parliamentary panel
NEW DELHI: The joint committee of Parliamentary panel examining the amendments to the Companies Act has recommended reducing the minimum age for appointment as managing director…
martedì 4 agosto 2026·economictimes.indiatimes.com
Move over, boomers: More Gen Z power for company boardrooms
A parliamentary committee has proposed lowering the minimum age for managing and whole-time directors from 21 to 18, aligning company law with existing rules that allow…