Sec-274(1)(g) of companies act

Dear Jatin,

First of all 274(1)g of the companies Act does not apply to the private companies,

Secondly  even the company makes  the default good the director cannot be appointed in the  other piblic company for the next 5 years , but if the company makes the default good before the due date then director can be appointed in the other public company,

Again to revine u even the company makes default u/s 274(1) g   defaulting person can be appointed as director in the pvt. com. , In private company thissection does not attract.

in u example mr. z can become the director immidately in the private company.

in the companies bare act it is not mentione whether the private company is attracted or not, but our sir Mr. Ami Bachhawat has taught us this concept and in the CA. institute aslo the same concept is given

if i m wrong anywhere pls correct me

thanking you

Gopal Agarwal