Director disqualification rules: temporary immunity for newly appointed directors and specified disqualifications endure during appeals. The amendment provides that a person appointed as a director of a company in default shall not incur disqualification for a period of six months from appointment, and that specified disqualifications continue to apply even if an appeal or petition is filed against the order of conviction or disqualification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Director disqualification rules: temporary immunity for newly appointed directors and specified disqualifications endure during appeals.
The amendment provides that a person appointed as a director of a company in default shall not incur disqualification for a period of six months from appointment, and that specified disqualifications continue to apply even if an appeal or petition is filed against the order of conviction or disqualification.
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