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disqualification of directors
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Removal of Directors Disqualification Companies Fresh Start Scheme

How Judiciary is Considering the relevance of Companies Fresh Start Scheme, 2020 in Removal of Directors’ Disqualification?

How Judiciary is Considering the relevance of Companies Fresh Start Scheme, 2020 in Removal of Directors’ Disqualification? The Delhi High Court recently passed an order for removal of directors’ disqualification of petitioners who were directors of Kushal Power Projects Private Limited (struck-off) and Koksun Papers Private Limited (Active). They were disqualified due to the retrospective […]
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Bombay HC’s Verdict On July 10_ Disqualified Directors Wait With Bated Breath

Bombay HC’s Verdict On July 10: Disqualified Directors Wait With Bated Breath

Bombay HC’s Verdict On July 10: Disqualified Directors Wait With Bated Breath Bombay HC’s Verdict On July 10: Disqualified Directors Wait With Bated Breath Will the disqualified directors get the much-needed respite or will the road to justice be longer for these disqualified directors? Will the MCA be able to justify and convince the Judges […]
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Directors Disqualification

Directors Disqualification for Not Attending Board Meetings

Directors Disqualification for Not Attending 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 been […]
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Director Disqualification

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 […]
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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  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 […]
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