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    <title>2019 (6) TMI 421 - BOMBAY HIGH COURT</title>
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    <description>The court clarified that the petitioner&#039;s position under the Insolvency and Bankruptcy Code 2016 would not be affected by the actions of the Registrar of Companies regarding disqualification under Section 164(2)(a) of the Companies Act 2013. The judgment aimed to ensure the petitioner&#039;s eligibility to participate in insolvency proceedings despite the disqualification, considering the distinction between eligibility for appointment and disqualification for reappointment as a director. The court emphasized the need to balance the Companies Act provisions with directors&#039; rights and interests, particularly in insolvency proceedings.</description>
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      <description>The court clarified that the petitioner&#039;s position under the Insolvency and Bankruptcy Code 2016 would not be affected by the actions of the Registrar of Companies regarding disqualification under Section 164(2)(a) of the Companies Act 2013. The judgment aimed to ensure the petitioner&#039;s eligibility to participate in insolvency proceedings despite the disqualification, considering the distinction between eligibility for appointment and disqualification for reappointment as a director. The court emphasized the need to balance the Companies Act provisions with directors&#039; rights and interests, particularly in insolvency proceedings.</description>
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      <pubDate>Fri, 07 Jun 2019 00:00:00 +0530</pubDate>
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