https://www.taxtmi.com/acts?id=12595 Section 266 requires that, before articles registration, prospectus publication, or filing a statement in lieu of prospectus, a proposed director must file a written consent with the Registrar and satisfy any share qualification by signing the memorandum for the requisite qualification shares, taking and paying for them, filing an undertaking to take and pay for them (treated as equivalent to signing the memorandum), or filing an affidavit that such shares are registered in his name; share qualification is measured by reference to the time of appointment. en-us Thu, 12 May 2011 17:37:05 +0530 Thu, 12 May 2011 17:37:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12595 Section 266 requires that, before articles registration, prospectus publication, or filing a statement in lieu of prospectus, a proposed director must file a written consent with the Registrar and satisfy any share qualification by signing the memorandum for the requisite qualification shares, taking and paying for them, filing an undertaking to take and pay for them (treated as equivalent to signing the memorandum), or filing an affidavit that such shares are registered in his name; share qualification is measured by reference to the time of appointment. Act-Rules Companies Law Thu, 12 May 2011 17:37:05 +0530 https://www.taxtmi.com/acts?id=12595