Disqualification of directors requires pre-appointment disclosure and company filing, with defaulting officers held accountable. Directors must disclose any disqualification to the company in Form DIR-8 prior to appointment; the company must file Form DIR-9 with the Registrar upon receipt or immediately when statutory failures that attract disqualification occur, listing all directors. Failure to file Form DIR-9 within thirty days renders specified officers as officers in default. The Registrar registers DIR-9 for public inspection. Removal of disqualification is sought by filing Form DIR-10 before the Regional Director.
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Provisions expressly mentioned in the judgment/order text.
Disqualification of directors requires pre-appointment disclosure and company filing, with defaulting officers held accountable.
Directors must disclose any disqualification to the company in Form DIR-8 prior to appointment; the company must file Form DIR-9 with the Registrar upon receipt or immediately when statutory failures that attract disqualification occur, listing all directors. Failure to file Form DIR-9 within thirty days renders specified officers as officers in default. The Registrar registers DIR-9 for public inspection. Removal of disqualification is sought by filing Form DIR-10 before the Regional Director.
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