Alternate director - Whether provisions of sections 264, 266(1), 271 and 303(2) apply to alternate directors also - Companies Law - Letter : No. 8/9(313)/61‑PR,

Letter : No. 8/9(313)/61 ‑ PR, dated 7 ‑ 8 ‑ 1961. Subject:- Alternate director - Whether provisions of sections 264, 266(1), 271 and 303(2) apply to alternate directors also Query : Whether the provisions of sections 264 (consent to act as director), 266(1) (restriction on appointment/re‑appointment of director), 271 (share qualification) and 303 (register of directors) are also applicable to alternate directors appointed under section 313 ? Answer : The provisions of sections 264, 271 and 303 have to be complied with by, and in respect of, an alternate director. However, the provisions of section 266(1) are not applicable to such a director except where the articles require its directors to hold a specified share qualification in which case the alternate director is required to file with the Registrar concerned a declaration as to the share qualification held by him within two months of his appointment although he may cease to be a director within these two months.