The Ministry of Corporate Affairs are in process of identification and flagging of directors disqualified under Cos. Act for their default of non-filing of financial statement or annual return for continuous period of 3 years. In this regard all the directors are hereby cautioned to file the pending returns and do necessary compliance as per provisions of law, otherwise action will be initiated against them.
from taxmann.com News https://www.taxmann.com/topstories/222330000000019611/defaulted-directors-are-on-mca’s-radar.aspx
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