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    <title>1941 (11) TMI 5 - HIGH COURT OF MADRAS</title>
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    <description>Company liability for failure to notify the Registrar of changes in directors&#039; other directorships arises under the statutory notification duty, irrespective of whether any officer knew of the change. The requirement to notify within the prescribed period applies to all changes in directors or registered particulars and requires the company to maintain adequate awareness of reportable changes. The qualification of knowingly and wilfully being in default applies to officers, not the company. Failure to comply attracts criminal liability and a fine.</description>
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    <pubDate>Wed, 26 Nov 1941 00:00:00 +0630</pubDate>
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      <description>Company liability for failure to notify the Registrar of changes in directors&#039; other directorships arises under the statutory notification duty, irrespective of whether any officer knew of the change. The requirement to notify within the prescribed period applies to all changes in directors or registered particulars and requires the company to maintain adequate awareness of reportable changes. The qualification of knowingly and wilfully being in default applies to officers, not the company. Failure to comply attracts criminal liability and a fine.</description>
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      <pubDate>Wed, 26 Nov 1941 00:00:00 +0630</pubDate>
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