Rule 15, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Manner of Application) Rules, 2024 [SFM-RG2]
As at 7 September 2026. In force from 12 April 2024.
Conditions of registration.—Every nominee director shall carry on the representation of a shareholder on a board only at the premises specified in the certificate of registration, shall keep every share in his possession in a safe and proper manner and separately from anything of a different description, shall produce every such share for inspection on request by the Registrar of Firms, and shall not part with the certificate of registration to any other person.
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