Petitioners' Director Status Uncertain; No Disqualification or Liability u/s 162 Until Rights Are Established.

Petitioners' Director Status Uncertain; No Disqualification or Liability u/s 162 Until Rights Are Established. https://www.taxtmi.com/highlights?id=27146 The question, whether the petitioners can be said to be Directors of the subject company is doubtful and without the petitioners / applicants having a clear right to act as Directors and which is being opposed, the question of the petitioners / applicants incurring any disqualification or liability under Section 162 of the Act also, would not arise. - HC en-us Mon, 01 Feb 2016 15:12:44 +0530 Mon, 01 Feb 2016 15:12:44 +0530 TaxTMI RSS Generator Petitioners' Director Status Uncertain; No Disqualification or Liability u/s 162 Until Rights Are Established. https://www.taxtmi.com/highlights?id=27146 The question, whether the petitioners can be said to be Directors of the subject company is doubtful and without the petitioners / applicants having a clear right to act as Directors and which is being opposed, the question of the petitioners / applicants incurring any disqualification or liability under Section 162 of the Act also, would not arise. - HC Highlights Companies Law Mon, 01 Feb 2016 15:12:44 +0530 https://www.taxtmi.com/highlights?id=27146