Cos 157 — Company to inform Director Identification Number to Registrar

Companies Act, 2013

Statutory text

(1) Every company shall, within fifteen days of the receipt of intimation under section 156, furnish the Director Identification Number of  all  its  directors  to  the  Registrar  or  any  other  officer  or  authority  as  may  be  specified  by  the  Central
Government with such fees as may be prescribed or with such additional fees as may be prescribed

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and every such intimation shall be furnished in such form and manner as may be prescribed.

[(2) If  any  company  fails  to  furnish  the  Director  Identification  Number  under  sub-section (1),  such company shall be liable to a penalty of twenty-five thousand rupees and in case of continuing failure, with a  further penalty of one  hundred rupees for each  day after the  first during which  such failure continues, subject to a maximum of one lakh rupees, and every officer of the company who is in default shall be liable to a penalty of not less than twenty-five thousand rupees and in case of continuing failure, with a further penalty of one hundred rupees for each day after the first during which such failure continues, subject to a maximum of one lakh rupees.]

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