Directors disqualification

This query is : Resolved 

12 October 2017 1.One of the directors of the Pvt. Ltd Co. is disqualified due to non submission of returns to ROC. Whether one shareholder cum director can continue the company?
2. Whether disqualifies director can operate the Bank account f the company?

13 October 2017 1.Cannot continue with 1 director.

2. No.,being not a director by virtue of section 164(2).


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