https://www.taxtmi.com/acts?id=12610 Disqualifications bar appointment where a person is found of unsound mind, is an undischarged insolvent or has a pending insolvency application, has been convicted of an offence involving moral turpitude meeting the statutory sentencing threshold, has defaulted on payment of calls after the prescribed period, or is subject to a court disqualification; additional statutory disqualification arises from directororship in a public company that persistently fails to file accounts or defaults on repayment or dividend obligations. The Central Government may remove certain disqualifications by notification, and private companies may add further grounds by their articles. en-us Thu, 12 May 2011 18:31:09 +0530 Thu, 12 May 2011 18:31:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12610 Disqualifications bar appointment where a person is found of unsound mind, is an undischarged insolvent or has a pending insolvency application, has been convicted of an offence involving moral turpitude meeting the statutory sentencing threshold, has defaulted on payment of calls after the prescribed period, or is subject to a court disqualification; additional statutory disqualification arises from directororship in a public company that persistently fails to file accounts or defaults on repayment or dividend obligations. The Central Government may remove certain disqualifications by notification, and private companies may add further grounds by their articles. Act-Rules Companies Law Thu, 12 May 2011 18:31:09 +0530 https://www.taxtmi.com/acts?id=12610