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.

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…

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…