are the directors of a government company exempted from disqualification under section 164(2) of companies act 2013 i.e. non filing of balance sheets
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Disqualification of directors
Replies (6)
No Exemption from Disqualification
No, there is no such exemption.
MCA Vide Notification No. 466(E) has exempt government company from the provisions of section 164(2)
Kindly confirm about this notification
you are right @ monik
The Directors of Government Companies are Liable to Retire by Rotation or not?
section 152(6) (7) are not applicable to government company provided government hold not less than 51% of paid up share capital
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