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 ... Summary
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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