157. Company to inform Director Identification Number to Registrar.— (1) Every company
shall, within fifteen days of the receipt of intimation under section 156, furnish the Director Identification
Number of all its directors to the Registrar or any other officer or authority as may be specified by the
Central Government with such fees as may be prescribed or with such additional fees as may be
prescribed within the time specified under section 403 and every such intimation shall be furnished in
such form and manner as may be prescribed.
(2) If a company fails to furnish Director Identification Number under sub-section (1), before the
expiry of the period specified under section 403 with additional fee, the company shall be punishable with
fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees
and every officer of the company who is in default shall be punishable with fine which shall not be less
than twenty-five thousand rupees but which may extend to one lakh rupees.
