1Q) If a director is imprisonment for equal to 6 months under section 164(1) When he/she will eligible to reappoint as director immediately after expiry of 6 months or after expiry of 5 years from such sentence? Act says imprisonment not less than 6 months (i.e. More than 6 months).
2Q) If a director has not paid any call of any shares of the company and six months has been expired from the last due date.
Whether he disqualify in that company only or in all Company in which he is a director ?
Please clarify my doubts.
Thank you
1. As per Section 164 (1) (d) of Companies Act, 2013
If a director is convicted and imprisoned by a court for a period of 6 months or above, he will become disqualified to act as a director.
However after 5 years from the date of expiry of the sentence, he will become eligible for appointment as a director.
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