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removal of directors disqualification
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Things That Lead to Removal of Director
19 Sep, 18

What Leads to the Removal of Director?

What Leads to the Removal of Director? Introduction: All of us know that the part of the Directors in any Company and Board is aggregately associated with the everyday undertakings of the Company. Through isolation and designation in accordance with the stature of the Company, the arrangement, the rules in the Articles, the directors in-certainty […]
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Amnesty Scheme - Effect on Strike Off Companies & Disqualified Directors
14 Aug, 18

Proposed Amnesty Scheme by the Government – Effect on Strike Off Companies & Disqualified Directors

UNDERSTANDING THE BACKDROP OF AMNESTY SCHEME FOR DISQUALIFIED DIRECTORS: After demonetization a huge number of companies were struck-off in 2017. This was a move to regulate this sector. Some of the companies were fraudulent, others lacked compliance and transparency. The newly implemented Companies Act,2013 roped in all private companies & this resulted in a major […]
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Directors Disqualification - Section 164 & 167
20 Jul, 18

Director Disqualification & Non-Compliance! Understanding Section 164(2) & 167(1)

Defining ‘STRIKE-OFF’: Strike-off means removal of a registered company, by the Registrar of Companies, from the register or roll. Defining ‘Non-Compliance’: Non-compliance means not complying/obeying the set of rules and laws prescribed under the Companies Act. Defining ‘Disqualification’ of Directors: The ‘Disqualification’ of Director means his Director Identification Number(DIN) is deactivated by the Authority. Reasons […]
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