CS
60 Points
Joined September 2013
If any person has become disqualified as director due to the reason that the company has not filed annaul documents, shall cease to hold the post of directorship for the period of five years in the defaulting company also and he is not entitled to be appointed again in the same company and also not entitiled to be appointed as director in any other companies for the period of 5 years.
This interpretation is wrong that the disqualified director is eligible to continue as director in the defaulting company but not entitled to be appointed in other companies. He also cease to act as director of the defaulting company from the date of his disqualification.