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of <h1>Individuals Must Consent to Ensure Company Compliance Under Companies Act, 1956 Using Form No. 01AB</h1> Consent form under the Companies Act, 1956, requires an individual to agree to be responsible for a company's compliance with specific provisions of the Act. The form, identified as Form No. 01AB, is addressed to the board of directors of a company, where the consenting individual, whose identity is anonymized, explicitly states their willingness to take on this responsibility. The form includes spaces for the individual's signature, name, and date of consent. This requirement was instituted by a government regulation effective from July 15, 1988.
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