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Companies Law - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Vires of the proviso under Section 167(2)(a) of the Act which ...

Companies Law

September 8, 2020

Vires of the proviso under Section 167(2)(a) of the Act which was inserted to the Companies (Amendment Act 2017) - disqualification with respect to Directorship of 'Public' companies - Principles of Natural Justice - The DIN number can exist only during the life time of post of Directorship and not for the entire life of the individual. Issuing a prior notice would be of no avail and would only be an empty formality since the provision of law is clear on this aspect. - HC

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