Director disqualification clarifies 'disqualifying company' and 'appointing company' to govern appointment eligibility under disqualification rules. Rule 2 defines disqualifying company as the company where the default causing a director's disqualification occurred, and appointing company as the company in which an individual seeks appointment or re appointment as a director, thus identifying the origin of disqualification and the corporate context for assessing appointment eligibility.
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Provisions expressly mentioned in the judgment/order text.
Director disqualification clarifies 'disqualifying company' and 'appointing company' to govern appointment eligibility under disqualification rules.
Rule 2 defines disqualifying company as the company where the default causing a director's disqualification occurred, and appointing company as the company in which an individual seeks appointment or re appointment as a director, thus identifying the origin of disqualification and the corporate context for assessing appointment eligibility.
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