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Companies Law - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Holding of Directorship in more than the maximum number of ...


Individual Violates Section 165(3) of Companies Act 2013 by Holding Excessive Directorships; Offense Continues Beyond One Year.

April 17, 2020

Case Laws     Companies Law     DSC

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

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