Last Updated on December 7, 2020
Every company shall send to the Registrar of Companies for registration a return of any change among its directors, or company secretary or in the representation of the company, specifying the date of the change, together with the name, identification number, nationality and residence or name, registered office and registration number, as the case may be, of any new director or company secretary, within fourteen days from the happening thereof.
The Registrar may, before registering the return, take such steps and require such information as he may deem necessary to ascertain the correctness of the return and to determine whether the provisions of the Companies Act have been complied with.
If the return is not submitted on time every officer of the company who is in default shall be liable to a penalty, and, for every day during which the default continues, to a further penalty.
The return needs to be signed by any director or company secretary. In case of an appointment of a director in a public limited company, then director being appointed needs to send a signed consent in writing together with the return.