Director disqualification exemption for government companies affirmed by central government notification under statutory enabling power. Central Government, using its statutory enabling power under the Companies Act, directs that the director disqualification provision shall not apply to government companies; the exemption was issued after the draft notification was laid before both Houses of Parliament and published in the Gazette.
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 exemption for government companies affirmed by central government notification under statutory enabling power.
Central Government, using its statutory enabling power under the Companies Act, directs that the director disqualification provision shall not apply to government companies; the exemption was issued after the draft notification was laid before both Houses of Parliament and published in the Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.