Regulation 34, IBBI (Fees of Nominee directors) Regulations, 2026 [S45-BR9]
As at 7 September 2026. In force from 11 January 2026.
Surrender of certificate.—Every nominee director who ceases to carry on the representation of a shareholder on a board shall, within seven days of such cessation, surrender the certificate of registration to the Registrar of Companies in person or by registered post, and shall inform it in Form ADT-1 of the manner in which every certificate of incorporation held by him has been disposed of.
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