Directors Disqualification for Not Attending Board Meetings Preface: Understanding The Context! The enforcement and implementation of the Companies Act, 2013, in place of the erstwhile Companies Act, 1956, did not witness any major derivations from the previous one, but certainly, there have been amendments, modifications, and alterations in many fields. The most significant shift has […]

Disqualification of Managing Director Role of a Managing Director of a Company The Companies Act of 1956 recognized and defined managing director or whole-time director, but the Companies Act, 2013, has widened the concept and termed such positions as ‘Key Managerial Personnel’. This has been done keeping in line with global trends and it covers […]

Remove Director Disqualification Before Filing INC-22A More Compliances For Companies! The Ministry of Corporate Affairs (MCA) vide its notification dated 21 February 2019, mandates every company that has been incorporated on or before 31 December 2017, to file e-form INC-22A. The Active Company Tagging Identities and Verification (ACTIVE), through a new form viz. INC-22A has […]