Director disqualification rule: failure to intimate disqualification within prescribed period triggers officer-in-default status for company officers. Failure to file Form DD-B within the specified thirty-day period after an event attracting disqualification under section 274(1)(g) results in the officers listed under the Companies Act being treated as officers in default when the company fails to intimate the disqualification by the required filing.
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Provisions expressly mentioned in the judgment/order text.
Director disqualification rule: failure to intimate disqualification within prescribed period triggers officer-in-default status for company officers.
Failure to file Form DD-B within the specified thirty-day period after an event attracting disqualification under section 274(1)(g) results in the officers listed under the Companies Act being treated as officers in default when the company fails to intimate the disqualification by the required filing.
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