Director disqualification declaration required in DIN forms to confirm no statutory bar or proclaimed offender status before appointment. The Rules require Form DIN-1 to contain a declaration by the applicant that they are not restrained, disqualified or removed from appointment as a director under Companies Act provisions and have not been declared a proclaimed offender by any court; Form DIN-3 must include a company verification that the appointed director(s) have provided these same declarations to the company.
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 declaration required in DIN forms to confirm no statutory bar or proclaimed offender status before appointment.
The Rules require Form DIN-1 to contain a declaration by the applicant that they are not restrained, disqualified or removed from appointment as a director under Companies Act provisions and have not been declared a proclaimed offender by any court; Form DIN-3 must include a company verification that the appointed director(s) have provided these same declarations to the company.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.