An Insight into Disqualification of Directors – Section 164

• September 27, 2020
• CA Chandan Agarwal's Office

An Insight into Disqualification of Directors under Section 164 of Companies Act, 2013

With the implementation of the Companies Act 2013, the Government of India bought many changes compared to the previous Act of 1956. The new Act had strict provisions for non-complying companies and their directors. If any organisation fails to meet the compliance norms set by the government, then the Registrar of Companies reserves the right to remove companies name from RoC’s list and order disqualification of directors for a period of five years. This could lead to careers of individuals working as directors for the corporate come to a standstill.

Why Directors are Disqualified?

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