https://www.taxtmi.com/caselaws?id=381999 The Court held that Section 164(2)(a) of the Companies Act, 2013 is not ultra vires Articles 14 or 19(1)(g) and is not manifestly arbitrary. It clarified that disqualification does not operate retrospectively and quashed arbitrary disqualifications. Section 167(1)(a) was also upheld as not violating constitutional provisions. The proviso to Section 167(1)(a) was deemed partly prospective and clarificatory. The Court emphasized that directors of struck-off companies under Section 248 do not automatically get disqualified under Section 164(2)(a). en-us Wed, 12 Jun 2019 00:00:00 +0530 Sun, 23 Jun 2019 08:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381999 The Court held that Section 164(2)(a) of the Companies Act, 2013 is not ultra vires Articles 14 or 19(1)(g) and is not manifestly arbitrary. It clarified that disqualification does not operate retrospectively and quashed arbitrary disqualifications. Section 167(1)(a) was also upheld as not violating constitutional provisions. The proviso to Section 167(1)(a) was deemed partly prospective and clarificatory. The Court emphasized that directors of struck-off companies under Section 248 do not automatically get disqualified under Section 164(2)(a). Case-Laws Companies Law Wed, 12 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381999