Section 303 – The Companies Act,1956

The Companies Act, 1956

303. Register of directors

303. Register of directors, 1[***] etc.

(1) Every company shall keep at its registered office a register of its directors, managing director, 1[***] manager and secretary, containing with respect to each of them the following particulars, that is to say:-

(a) in the case of an individual, his present name, and surname in full; any former name or surname in full; 2[his father’s name and surname in full; or where the individual is a married woman, the husband’s name and surname in full]; his usual residential address; his nationality and, if that nationality is not the nationality of origin, his nationality of origin, his business occupation, if any, if he holds the office of director, managing director, 3[***] manager or secretary in any other body corporate, the particulars of each such office held by him; and except in the case of a private company which is not a subsidiary of a public company, the date of his birth;

(b) in the case of a body corporate, its corporate name and registered or principal office; and the full name, address, nationality, and nationality of origin, if different from that nationality 4[the father’s name or where a director is a married woman, the husband’s name] of each of its directors; and if it holds the office of 1[***] manager or secretary in any other body corporate, the particulars of each such office;

(c) in the case of a firm, the name of the firm, the full name, address, nationality, and nationality of origin, if different from that nationality 4[the father’s name or where a partner is a married woman, the husband’s name] of each partner; and the date on which each became a partner; and if the firm holds the office of 1[***] manager or secretary in any other body corporate, the particulars of each such office;

(d) if any director or directors have been nominated by a body corporate, its corporate name; all the particulars referred to in clause (a) in respect of each director so nominated, and also all the particulars referred to in clause (b) in respect of the body corporate;

(e) if any director or directors have been nominated by a firm, the name of the firm, all the particulars referred to in clause (a) in respect of each director so nominated, and also all the particulars referred to in clause (c) in respect of the firm.

Explanation.-For the purposes of this sub-section-

(1) any person in accordance with 5[whose directions or instructions], the Board of directors of a company is accustomed to act shall be deemed to be a director of the company;

(2) in the case of a person usually known by a title different from his surname, the expression “surname” means that title; and

(3) reference to a former name or surname do not include-

(i) in the case of a person usually known by an Indian title different from his surname, the name by which he was known previous to the adoption of, or succession to, the title;

(ii) in the case of any person, a former name or surname, where that name or surname was changed or disused before the person bearing the name attained the age of eighteen years, or has been changed or disused for a period of not less than twenty years; and

(iii) in the case of a married woman, the name or surname by which she was known previous to the marriage.

(2) The company shall, within the periods respectively mentioned in this sub-section, send to the Registrar 6[a return in duplicate in the prescribed form] containing the particulars specified in the said register and 7[a notification in duplicate in the prescribed form] of any change among its directors, managing directors, 1[***] managers or secretaries 8[***]specifying the date of the change.

The period within which the said return is to be sent shall be period of 9[thirty] days from the appointment of the first directors of the company and the period within which the said notification of a change is to be sent shall be 11[thirty] days from the happening thereof.

10[***]

(3) If default is made in complying with sub-section (1) or (2), the company, and every officer of the company who-is in default, shall be punishable with fine which may extend to 11[five hundred rupees] for every day during which the default continues.

1. The words “managing agents, secretaries and treasurers” omitted by Act 53 of 2000, sec. 148 (w.e.f. 13-12-2000).

2. Ins. by Act 65 of 1960, sec. 110 (w.e.f. 28-12-1960) (w.e.f. 13-12-2000).

3. The words “managing agent” omitted by Act 53 of 2000, sec. 148 (w.e.f. 13-12-2000).

4. Ins. by Act 65 of 1960, sec. 110 (w.e.f. 28-12-1960).

5. Subs. by Act 65 of 1960, sec. 110, for “whose instruction” (w.e.f. 28-12-1960).

6. Subs. by Act 65 of 1960, sec. 110, for “a return in the prescribed form” (w.e.f. 28-12-1960).

7. Subs. by Act 65 of 1960, sec. 110, for “a notification in the prescribed form” (w.e.f. 28-12-1960).

8. The words “or in any of the particulars contained in the register” omitted by Act 31 of 1965, sec. 41 (w.e.f. 15-10-1965).

9. Subs. by Act 31 of 1965, sec.62 and Sch., for “twenty-eight” (w.e.f. 15-10-1965).

10. Proviso omitted by Act 31 of 1965, sec. 41 (w.e.f. 15-10-1965).

11. Subs. by Act 53 of 2000, sec. 148, for “fifty rupees” (w.e.f. 13-12-2000)

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