Regulation 16, IBBI (Fees of Nominee directors) Regulations, 2026 [S45-B6G]
As at 7 September 2026. In force from 11 January 2026.
Destruction of records.—A record maintained under these regulations shall not be destroyed before the expiry of the period for which these regulations require it to be preserved; and every nominee director who destroys a record after that period shall enter the particulars of the record destroyed and the date of its destruction in Form INC-1, and shall furnish an extract of that entry to the Registrar of Companies within fifteen days of the destruction.
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