Error in law practice manual - ch.3 ,pg 3.16 & 3.17?

Maithili (1) (476 Points)

01 April 2015  

1) Please refer to Q.19 given on Pg3.16 of Law Practice Manual (Dec,2014 edition)

   The Question gives a Case where the Director has attracted Disqualification

   Yet the Answer says that "He need NOT VACATE from his Post , ONLY Disqualified for further Appointment"

   I feel that As per Section 167, he should VACATE his office as he has been Disqulaified under S.164

  Plz reply whether i am correct,

i.e. A) He should VACATE from Office as he has been Disqualified 

  orB) He should NOT Vacate , he must only be Debarred from Re-Appointment

 

2) Also , if ur Answer to above Question is option (A) , i.e., Yes 'He should VACATE ' , then should he

    C) Vacate from Both Co.s AB Ltd & PQ Ltd.

 or D) Vacate from  Only AB Ltd. (the Defaulting Co.)

 

Plz reply , Thanks