Regulation 12, IBBI (Fees of Nominee directors) Regulations, 2026 [S45-B2R]
As at 7 September 2026. In force from 11 January 2026.
Application for registration.—Every nominee director carrying on the representation of a shareholder on a board shall make an application for registration to the Registrar of Companies in Form CHG-1, within forty-five days of the commencement of these regulations, accompanied by a fee of fifty thousand rupees and a statement of every certificate of incorporation held by him on the date of the application, and shall keep a copy of the application and of the statement for fifteen days from that date.
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