Tuesday, March 9, 2021

Directors disqualified prior to May 2018 continue to be directors in companies other than defaulting company

COMPANY LAW : Where petitioners were directors who had been disqualified prior to 7-5-2018, qua other companies in addition to defaulting company, proviso to section 167(1)(a) would not apply and petitioners would continue to be directors in companies other than defaulting companies and, therefore, DINs and DSCs of petitioners would be re-activated

from www.taxmann.com Latest Case Laws https://ift.tt/3t38B6Z

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