Section 170:
Register of directors and key managerial personnel and their shareholding.
(1) Every
company shall keep at its registered office a register containing such particulars of its directors and key
managerial personnel as may be prescribed, which shall include the details of securities held by each of
them in the company or its holding, subsidiary, subsidiary of company's holding company or associate
companies.
(2) A return containing such particulars and documents as may be prescribed, of the directors and the
key managerial personnel shall be filed with the Registrar within thirty days from the appointment of
every director and key managerial personnel, as the case may be, and within thirty days of any change
taking place.