Ø The particulars required to be entered in the Register of Directors under section 303 will be entered with respect to each director immediately after the incorporation of the company.
Ø The particulars of the director’s shareholding will be entered in the Register of Directors’ Shareholdings. Ø Information relating to the director’s interests in other companies, firms and also names of his relatives for the purposes of sections 297 and 299 of the Act will be obtained.
Section 253 says that only individuals can be appointed as directors.
Thus, a body corporate, an association of persons or a partnership firm cannot be appointed as director of any company.
However, it is advisable to file them at the time of incorporation.For each director, a separate resolution should be passed, unless it has first been agreed by a unanimous resolution that two or more directors shall be appointed by a single resolution (section 263).This meeting can be held on any day before the first annual general meeting.Ø Form No.32 prescribed under the Companies (Central Government’s) General Rules & Forms, 1956 in duplicate in respect of the first directors shall be filed with the Registrar, in the case of every company. Ø The date of appointment of the directors will be entered in the Register of Directors kept under section 303 with respect to each director immediately after the incorporation of the company. Appointment of directors in the case of a private company which is not a subsidiary of a public company In case of a private company, like in the case of other companies, first directors hold office from the date of incorporation of the company.Also, the first directors need not be appointed at the general meeting held before the date of first annual general meeting of the company in case of a private company which is not a subsidiary of a public company.
In that case, regulation 64 provides that the names of the first directors shall be determined in writing by the subscribers of the memorandum or a majority of them.