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removal of director disqualification
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removal of director disqualification

Can Director Disqualification Due to Non-Filing of Financial Statement be Removed?

Can Director Disqualification Due to Non-Filing of Financial Statement be Removed? As per the provisions mentioned in the Companies Act 2013, an director of a company can be disqualified for five years from the directorship of his/her company and also banned to join any other organization as a director if his/her current organization fails to […]
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Relief to Disqualified Directors Under the Companies Act, 2013

Relief to Disqualified Directors Under the Companies Act, 2013

Relief to Disqualified Directors Under the Companies Act, 2013 In the process of cleaning up the financial sphere, Ministry of Corporate Affairs (MCA) in 2017 deregistered around 2.2 lakh companies and subsequently, disqualified 3.4 lakh directors. Most of these companies were struck off owing to the non-compliance of financial statements and annual reports; provisions mentioned […]
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