Re : Sec 274 of Co. Act Urgent

Hi friends can any one guide me on my query i.e.:
if a person is appointed as a director of the company only for period of 6 months in 2005 and company was already in default in filing returns since 2000 so whether he will be disqualifed to be appointed as director in any other company as per sec. 274(1)(g) for next 5 years

In my view, the director will not be disqualified in the above case as its fresh appointment.

If director was already existing in the above case then he would have been disqualified.

or
any director to be covered under disqualification of sec. 274(1)(g) has to be in continuous period of 3 years atleast wherein the default of filing ANnual Return occurs?

Yes

Also confirm whether after 5 yeras lapse can he be appointed as director without any CG approval ?

Kindly provide ur valuable opions on dis issue at earliest.
Regards
Jasjeet

He might have to take approval , though Section doesn't mention specifically.

Because there had been a default once during the tenure of the director, so post 5 yrs

such disqualified directors appointment might require CG Approval.

Other views solicited.

regards

Santosh Shah