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of <h1>Understanding Director Disqualification: Key Definitions in Rule 2 of Companies Act, 1956 Explained</h1> Rule 2 of the Companies (Disqualification of Directors under section 274(1)(g) of the Companies Act, 1956) Rules, 2003, defines key terms. A 'disqualifying company' refers to a company where a default has occurred, leading to a director's disqualification. An 'appointing company' is the company where an individual seeks appointment or re-appointment as a director. These definitions are crucial for understanding the context and application of director disqualification under the specified section of the Companies Act, 1956.
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