Regulation 27, IBBI (Fees of Nominee directors) Regulations, 2026 [S45-BHV]
As at 7 September 2026. In force from 11 January 2026.
Transfer of registration.—A certificate of registration shall not be transferable: Provided that where any nominee director dies, his legal representative shall, within fifteen days of the death, intimate the death to the Registrar of Companies in Form MGT-7, surrender the certificate of registration to it and furnish a statement of every books of account then held; and the Registrar of Companies shall enter the intimation in the register within one hundred and twenty days of its receipt.
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