That
means firms, companies and other institutions cannot become a director of a
company. Proviso to section 253 provides that no company shall appoint or
reappoint any individual as Director unless he has been allotted a Director
Identification Number (DIN) under section 266B
Section 254: Subscribers
to Memorandum of Association, who are individuals, shall be deemed to be the
Directors until Directors are appointed in accordance with section 255
Section
255 deals with appointment of Directors and proportion of those who are to
retire by rotation
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