28 October 2017
Hello, Are the directors of the shell companies which are identified and closed are also treated as disqualified or they can sign& file the ROC returns of the other companies in which they are director? Thank you
31 October 2017
yes. .Section 167(1)(a) dealing with vacation of office by a director triggers an automatic vacation of office of the director if he incurs any of the disqualifications stipulated under Section 164.and Section 164(2) lists out disqualifications related to the company such as non-compliance of annual filing requirements, etc.
CAclubindia
