Section 52 - Amendment of section 164 - Companies (Amendment) Act, 2017

Amendment of section 164 52. In section 164 of the principal Act,- (i) in sub-section (2), the following proviso shall be inserted, namely:- Provided that where a person is appointed as a director of a company which is in default of clause (a) or clause (b), he shall not incur the disqualification for a period of six months from the date of his appointment. ; (ii) in sub-section (3), for the proviso, the following proviso shall be substituted, namely:- Provided that the disqualifications referred to in clauses (d), (e) and (g) of sub-section (1) shall continue to apply even if the appeal or petition has been filed against the order of conviction or disqualification. .