Disqualification Of Directors Under Section 164(2) Of The Companies Act: Delhi HC Interprets The Law
Delhi High Court has clarified the position of law in disqualification of directors under section 164(2) of the Companies Act. Under the said section, directors of companies that have defaulted on filing financial returns for 3 consecutive years are disqualified from being appointed as directors for 5 years.
Original Article Source Credits: Live Law ,https://www.livelaw.in
Article Written By: KARAN TRIPATHI
Original Article Posted on :5 Nov 2019