Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Eligibility Criteria for Small Shareholders' Director: Mental Soundness, Insolvency Status, Criminal Record, and Unpaid Share Calls</h1> A person is disqualified from being appointed as a small shareholders' director of a company if they are found to be of unsound mind by a court, are an undischarged insolvent, have a pending insolvency application, have been convicted of an offense involving moral turpitude with a sentence of at least six months within the last five years, have unpaid calls on company shares for over six months, or are subject to a court order disqualifying them from directorship under section 203 unless court permission is obtained.
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