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Disqualification of director
f I'm a director in 4 private limited companies and one of the company has not filed it's annual return & financial statements then will I be disqualified to act as director in all the 4 companies?
Replies (2)
Not filed the returns for past 3 years.
Yes, Disqualification will apply for all 4 companies...
But it will apply only if Financial Statement OR Annual Return not filled for 3 consecutive Financial Years.
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