Register of directors and key managerial personnel and their shareholding
📚 Law Minded summary
Every company keeps a register at its registered office of its directors and key managerial personnel — their particulars and their shareholding, including in the holding, subsidiary and associate companies.
A return of the register and of any change in it goes to the Registrar within thirty days.
(1) Every company shall keep at its registered office a register containing such particulars of its directors and key managerial personnel as may be prescribed, which shall include the details of securities held by each of them in the company or its holding, subsidiary, subsidiary of company’s holding company or associate companies.
(2) A return containing such particulars and documents as may be prescribed, of the directors and the key managerial personnel shall be filed with the Registrar within thirty days from the appointment of every director and key managerial personnel, as the case may be, and within thirty days of any change taking place.
All sections in Chapter XI — Appointment and Qualifications of Directors