TMI BlogIndividual Violates Section 165(3) of Companies Act 2013 by Holding Excessive Directorships; Offense Continues Beyond One Year.Holding of Directorship in more than the maximum number of companies - continuation in holding such directorship even after one year from commencement of the Companies Act, 2013 - contravention of Section 165(3) which is punishable under 165(6) of the Companies Act, 2013. - The present complaint is within limitation as offence U/s 165 of the Companies Act, 2013 is a continuing offence ..... X X X X Extracts X X X X X X X X Extracts X X X X
|