Sec 164(2) of Companies Act, 2013

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35 Points Posted on 29 May 2020
From which date will the disqualification u/s 164(2) of 5 years get attracted?
1. Will it be from the end of 3rd Fy/ 1st year? or
2. 3 years from 30th day from AGM u/s 137( failure to file FS) or 60th day from AGM u/s 92( failure to file AR) or
In the case of failure to pay declared dividend, 1 year from 30th day of declared dividend?
Thank you.
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On 29 May 2020 at 13:22 Report
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Quick Summary
This discussion seeks to clarify the exact start date for the 5-year disqualification period under Section 164(2) of the Companies Act, 2013. It questions whether the period begins from the end of the third financial year, or from specific grace periods following Annual General Meetings for filing financial statements and annual returns, or from dividend payment defaults.

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36 Points Posted on 29 May 2020
After the end of due date of filing ar of 3rd year
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On 29 May 2020 at 13:46
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35 Points Posted on 29 May 2020
@ CA Abdulqadir..Thank you.
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On 29 May 2020 at 14:51

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