Determination of applicability of director-disqualification rules rests with central administrative authority, centralising regulatory scope decisions. Rule 10 vests exclusive authority in the Central Government to decide any question whether the Companies (Disqualification of Directors) Rules, 2003 apply ... Summary
Determination of applicability of director-disqualification rules rests with central administrative authority, centralising regulatory scope decisions.
Rule 10 vests exclusive authority in the Central Government to decide any question whether the Companies (Disqualification of Directors) Rules, 2003 apply or do not apply to a particular company, thereby centralising determinations of regulatory applicability under the director-disqualification framework.
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