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Section 157

Company to inform Director Identification Number to Registrar

(1)
Every company shall, within fifteen days of the receipt of intimation under section 156, furnish the Director Identification Number of all its directors to the Registrar or any other officer or authority as may be specified by the Central Government with such fees as may be prescribed or with such additional fees as may be prescribed within the time specified under section 403 and every such intimation shall be furnished in such form and manner as may be prescribed.
(2)
If any company fails to furnish the Director Identification Number under sub-section (1), such company shall be liable to a penalty of twenty-five thousand rupees and in case of continuing failure, with further penalty of one hundred rupees for each day after the first during which such failure continues, subject to a maximum of one lakh rupees, and every officer of the company who is in default shall be liable to a penalty of not less than twenty-five thousand rupees and in case of continuing failure, with further penalty of one hundred rupees for each day after the first during which such failure continues, subject to a maximum of one lakh rupees.
(2)
If a company fails to furnish Director Identification Number under sub-section ( 1 ), before the expiry of the period specified under section 403 with additional fee, the company shall be punishable with fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees and every officer of the company who is in default shall be punishable with fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees.

Company means a company incorporated under this Act or under any previous company law

Notes, amendments & references (9)

Refer rule 11 and 12 of the Companies (Appointment and Qualification of Directors) Rules,2014. To view the rule, Click Here

Refer Rule 12 of Companies(Registration office and fees)Rules 2014 and table annexed to it(1A).To view the rule, Click Here

within the time specified under section 403 Omitted vide Companies (Amendment) Act, 2017 dated 03.01.2018, Effective from 07-05-2018. To view commencement notification, Click Here

To view the notification of Companies Amendment Act,2017 Click Here ]

Refer Rule 10A of Companies (Appointment and Qualification of Directors) Rules,2014 and 12 of Companies(Registration office and fees)Rules 2014 and table annexed to it(1A).To view the rule, Click Here

Substituted vide the Companies (Amendment) Act, 2019 dated 31.07.2019 w.e.f., 02.11.2018. To view the Amendment Act, Click Here

Omitted vide Companies (Amendment) Act, 2017 dated 03.01.2018 Effective from 07-05-2018

To view commencement notification, Click Here

To view the notification of Companies Amendment Act,2017 Click Here