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<h1>Director disqualification: convictions, insolvency and corporate defaults bar appointment under companies law compliance rules.</h1> Disqualification criteria bar persons from appointment as company directors for reasons including unsound mind, insolvency or pending insolvency, specified criminal convictions and orders of disqualification, failure to pay share calls, conviction for related-party transaction offences, and noncompliance with statutory qualification requirements. Corporate defaults-persistent nonfiling of financials or failure to repay deposits or redeem debentures-trigger temporary ineligibility for reappointment or appointment to other companies. Private companies may add further disqualifications, and particular disqualifications continue to apply despite appeals or petitions.