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Company to inform Director Identification Number to Registrar, Obligation to indicate Director Identification Number and Punishment for contravention. Section 157, 158 and 159 of Indian Companies Act 2013

Company to inform Director Identification, Number to Registrar Obligation to indicate Director Identification Number and Punishment for contravention are defined under Section 157, 158 and 159 of Indian Companies Act 2013. Provisions under these sections are:

Section 157 of Indian Companies Act 2013 " 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 1*** and every such intimation shall be furnished in such form and manner as may be prescribed.

2[(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 a 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 a 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.]

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1. The words and figures "within the time specified under section 403" omitted by s. 49, ibid. (w.e.f. 7-5-2018).
2. Subs. by Act 22 of 2019, s. 24, for sub-section (2) (w.e.f. 2-11-2018).

 

Section 158 of Indian Companies Act 2013 "Obligation to indicate Director Identification Number"

Every person or company, while furnishing any return, information or particulars as are required to be furnished under this Act, shall mention the Director Identification Number in such return, information or particulars in case such return, information or particulars relate to the director or contain any reference of any director.

 

Section 159 of Indian Companies Act 2013 "Punishment for contravention"

If any individual or director of a company makes any default in complying with any of the provisions of section 152, section 155 and section 156, such individual or director of the company shall be liable to a penalty which may extend to fifty thousand rupees and where the default is a continuing one, with a further penalty which may extend to five hundred rupees for each day after the first during which such default continues.]

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1. Subs. by s. 25, ibid., for section 159 (w.e.f. 2-11-2018).

 

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