Disqualified directors of defaulting companies permitted for new appointment and reactivation of DSC/DIN
Last updated: 04 August 2021
Court :
Delhi High Court
Brief :
The Hon'ble Delhi High Court in Anant Narain v. Union of India [W.P. (C) 7280 of 2020 and CM Appls. 24543-44 of 2020, dated January 06, 2021] set aside disqualification of the directors of the defaulting Company and provided an opportunity to the disqualified directors of the struck off Company under Companies Fresh Start Scheme, 2020 ('the Scheme') to be appointed as directors of other/new companies, provided the directors have gone a substantial period of their disqualification.
Citation :
W.P. (C) 7280 of 2020 and CM Appls. 24543-44 of 2020, dated January 06, 2021
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Bimal Jain
Published in Corporate Law
Views : 196
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