Companies Act, 1956
Section - 276 - Choice to be made by director of more than fifteen companies at commencement of Act
Choice to be made by director of more than [fifteen] companies at commencement of Act.276. (1) Any person holding office as director in more than [fifteen] companies immediately before the commencement of [the Companies (Amendment) Act, 2000] shall, within two months from such commencement,— (a) choose not more than [fifteen] of those companies, as companies in which he wishes to continue to hold the office of director; (b) resign his office as director in the other companies; and (c) intimate the choice made by him under clause (a) to each of the companies in which he w .... To read the full section download the app from Google Play store
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