Isha Chawla (CS) 07 December 2011
In Section 253 of Companies Act, 1956, its written that only an individual can be appointed as Director.
In Section 305, which is related to register of directors etc., its written- (a) in case of individual........ (b) in case of Body corporate.......... (c) in case of firm..........
my question is- if acc. to section 253, only individual can be a director, then why in Section 305, above clause b & c is mentioned......?
Farhat jahan (legal assistant) 08 December 2011
This register is belons to not only directors but also managing director, managing agent, secretaries and treasurers, manager and secretary. And it's mention in Sec 303 not in 305.
Isha Chawla (CS) 08 December 2011
Oh yes, its written in Section 303-Register of directors etc.
But why b & c clause is written? I have not got the logic,
Pl. clarify
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