27 May, 19

Types of Directors: Qualifications & Disqualifications of Directors

Types of Directors: Qualifications & Disqualifications of Directors Definition of a Director Under the Companies Act, 2013, a ‘director’ is one who is appointed as a director to the Board of a company. Main Responsibilities of a Director The Board of Directors is primarily accountable for: the appointment of senior management; deciding and shaping the […]

10 May, 19

Disqualification of Managing Director

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 […]

08 May, 19

Remove Director Disqualification Before Filing INC-22A

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 […]

30 Apr, 19

Can Disqualified Directors Be Shareholders?

Can Disqualified Directors Be Shareholders? In the wake of recent mass disqualification of directors by Ministry of Corporate Affairs, a lot of queries and doubts have surfaced and more and more directors are eager to know about conditions that lead to disqualification as well as its aftermath! Comprehending Companies Act 2013! The Companies Act, 2013, […]

23 Apr, 19

What Are The Penalties For Director Disqualification?

Penalties For Director Disqualification? Companies Act, 2013- More Austere Measures Companies Act, 2013, replaced the earlier Companies Act, 1956, and came into force from April 1, 2014. The transition from one to the other was quite turbulent as the Companies Act, 2013, has widened its scope, included many more features in its ambit, defined many […]

Director to Be Disqualified as a Company Director

17 Apr, 19

How Can a Director Be Disqualified as a Company Director?

Can a Director Be Disqualified as a Company Director? A company is a legal organization that requires people to conduct its affairs. A director is a person who is elected or selected to act and take decisions on behalf of the company. There can be one or more, full-time or part-time directors in a company […]

11 Apr, 19

Relief to Disqualified Directors Under the Companies Act, 2013

Relief to Disqualified Directors 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 under Section 164 (2)A of […]

Impact of Disqualification by RoC on a Director's Career

09 Apr, 19

Procedure for Removal of Disqualification of Director

Procedure for Removal of Disqualification of Director Are You A Prey Of Non-Compliance Clause Of Companies Act, 2013? Are you putting up with the trauma of being disqualified as a director? Are you one among many of those directors who suddenly found themselves disqualified due to non-compliance with a company? Do you think there is […]

25 Mar, 19

Ascertain Your Rights As A Disqualified Director

Ascertain Your Rights As A Disqualified Director Are you a disqualified director whose DIN has been deactivated because of non-compliance by your company/companies? Are you in the belief that your career has come to a halt for the next five years? Take heart and get first-hand information about the reason for your disqualification, then find […]

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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Types of Directors: Qualifications & Disqualifications of Directors

Disqualification of Managing Director

Remove Director Disqualification Before Filing INC-22A

Can Disqualified Directors Be Shareholders?

What Are The Penalties For Director Disqualification?

How Can a Director Be Disqualified as a Company Director?

Relief to Disqualified Directors Under the Companies Act, 2013

Procedure for Removal of Disqualification of Director

Ascertain Your Rights As A Disqualified Director

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

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