Director disqualification
This query is : Resolved
11 December 2017
if director disqualified under non filling of return in one company then is he vacate office of other company also or he can continue and singe balance sheet also....???
12 December 2017
He can continue in other companies till the term of appointment expires and sign
documents of the other companies.
documents of the other companies.
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12 December 2017
but sir sec 167 read with sec 164 ..according that Director should imidiate vacate his office ...and according to you director should continue if his not rotational director then he will continue whole life
12 December 2017
The two sections are drafted in such a way that they cannot be reconciled with each other. Therefore, following harmonious construction rule, possible effect is given to
both the sections to arrive at my observation given herein above.
both the sections to arrive at my observation given herein above.
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12 December 2017
but icai clear in the circular that director can not continue ....please clear and there is so many case study in this case
12 December 2017
I missed the referred circular. Please hoist for my better understanding
among others.
among others.
12 December 2017
https://taxguru.in/company-law/disqualification-of-director-for-non-filing-of-companies-financial-statement.html
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