Justify the following statement:

DIN helps investors of the company.

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1 Answers

  • DIN is a unique identification number for an existing director or person intending to be the director of the company.
  • It is compulsory to acquire DIN by every Director.
  • Din is Pre-require for e-filling of company’s documents.
  • It helps the investors of the company to make a more accurate and informed decisions because they get to known the composition of the top management of the company.
  • It also helps to handle the problems created due to a company after collecting or raising money from the public.
  • Thus, I agree with the given statement.

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