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Companies Law - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Disqualifications for appointment of a Directors - if the ...

Companies Law

October 15, 2020

Disqualifications for appointment of a Directors - if the default is committed by company A by not filing financial statements or annual returns, the said director of company A would incur disqualification and would vacate office as director of companies B to E. However, the said person would not vacate office as director of company A. If such person does not vacate office and continues to be a director of company A, it is necessary that such person continues to retain the DIN. - HC

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