The facts of the case:
A Private Limited Company has 4 equal shareholders:
Grp-1 50% (A & B 25% each)
Grp-2 50% (C&D 25% each)
Directors were A,B & C running day to day functioning.
Due to some non-compliance of sister companies of C, he was disqualified and hence D was appointed in his place to safeguard.
Now his disqualification is over and C wants to be re-appointed as Director. However A & B are not providing their DSC for his appointment. It is believed that 2 DSCs are required.
What legal options are available now to C?
Please advise.
CAclubindia
