Home Acts & Rules Companies Law Old_Provisions Companies Act, 1956 Chapters List Chapter VI MANAGEMENT AND ADMINISTRATION This
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Section 264 - Consent of candidate for directorship to be filed with the company and consent to act as director to be filed with the Registrar. - Companies Act, 1956Extract Consent of candidate for directorship to be filed with the company and consent to act as director to be filed with the Registrar. [1] [264. (1) Every person [2] [other than a director retiring by rotation or otherwise or a person] who has left at the office of the company a notice under section 257 signifying his candidature for the office of a director) proposed as a candidate for the office of a director shall sign, and file with the company, his consent in writing to act as a director, if appointed. [3] [(2) A person other than ___ (a) a director re-appointed after retirement by rotation or immediately on the expiry of his term of office, or (b) an additional or alternate director, or a person filling a casual vacancy in the office of a director under section 262, appointed as a director or re-appointed as an additional or alternate director, immediately on the expiry of his term of office, or (c) a person named as a director of the company under its articles as first registered, shall not act as a director of the company unless he has within thirty days of his appointment signed and filed with the Registrar his consent in writing to act as such director.] (3) This section shall not apply to a private company unless it is a subsidiary of a public company.] ----------------------------- Notes:- [1] Substituted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 89, for section 264. [2] Substituted by the Companies (Amendment) Act, 1965, Act 31 of 1965, section 32, for "other than a person" w.e.f. 15-10-1965. [3] Substituted by the Companies (Amendment) Act, 1965, Act, 31 of 1965, section 32, for sub-section (2), w.e.f. 15-10-1965.
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