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Disqualifications for appointment of director

Section 164 - Acts - APPOINTMENT AND QUALIFICATIONS OF DIRECTORS - Companies Act, 2013 - Section 164 - 164. (1) A person shall not be eligible for appointment as a director of a company, if - (a) he is of unsound mind and stands so declared by a comp .....

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in respect thereof to imprisonment for not less than six months and a period of five years has not elapsed from the date of expiry of the sentence: Provided that if a person has been convicted of any offence and sentenced in respect thereof to impris .....

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as not paid any calls in respect of any shares of the company held by him, whether alone or jointly with others, and six months have elapsed from the last day fixed for the payment of the call; (g) he has been convicted of the offence dealing with re .....

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on who is or has been a director of a company which- (a) has not filed financial statements or annual returns for any continuous period of three financial years; or (b) has failed to repay the deposits accepted by it or pay interest thereon or to red .....

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pany for a period of five years from the date on which the said company fails to do so. 1[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 fo .....

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ualifications 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.] (i) for thirty days from the date of conviction or or .....

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