Tag Archives: Inspection of Register

PRESERVATION, INSPECTION AND COPY OF REGISTERS AND RETURNS


 Section 94 of the Companies Act, 2013 prescribes the registers and their indices and the copies of all the returns shall be open for inspection by any member, debenture-holder, other security holder or beneficial owner, during business hours without payment of any fees and by any other person on payment of fees.

Rule 14 of the Companies (Management and Administration) Rules 2014 deals in detail. The registers and indices maintained pursuant to section 88 and copies of returns prepared pursuant to section 92, shall be open for inspection during business hours, at reasonable time on every working day as the board may decide, by any member, debenture holder, other security holder or beneficial owner without payment of fee. The reasonable time is a period of not less than two hours on every working day shall be considered by the company.

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DIRECTOR IDENTIFICATION AND REGISTER OF DIRECTOR


English: Sir Ratan Tata, founder of Sir Ratan ...

English: Sir Ratan Tata, founder of Sir Ratan Tata Trust (Photo credit: Wikipedia)

Director identification Number is a prerequisite for appointment as director in a company in India. Same time Register of Directors and Key Managerial personnel serve the purpose of Record of interests of these persons in company and otherwise.

DIRECTOR IDENTIFICATION NUMBER (SECTIONS 153 – 159)

Every individual intending to be appointed as director of a company shall make an application for allotment for Director Identification Number (DIN) to the Central government. (Section 153)

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