Regulation 18, IBBI (Fees of Nominee directors) Regulations, 2026 [S45-B8C]
As at 7 September 2026. In force from 11 January 2026.
Maintenance of premises.—Every nominee director shall keep the premises where the representation of a shareholder on a board is carried on in a clean and orderly condition, shall provide for every share kept there a place set apart for its safe keeping, shall not use the premises for any purpose incompatible with the representation of a shareholder on a board, and shall furnish to the Registrar of Companies in Form PAS-3, within ninety days of the commencement of these regulations, a plan of the premises showing the place so set apart.
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