https://www.taxtmi.com/caselaws?id=394447 The Court ruled on the applicability of Section 164(2) of the Companies Act, 2013, determining that disqualification would commence from the financial year 2014-15 onwards. It upheld the constitutionality of the provision under Articles 14 and 19(1)(g) of the Constitution, finding it reasonable for ensuring good corporate governance. While principles of natural justice are not required before disqualification, the Court emphasized the need to establish the factual basis and provide notice to contest the disqualification. Regarding the deactivation of Director Identification Numbers (DINs), the Court found the action not legally supported. The writ petitions were partly allowed, quashing the disqualification and DIN deactivation, directing the ROC to provide notice for verification before further action. en-us Thu, 16 Jan 2020 00:00:00 +0530 Tue, 27 Oct 2020 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394447 The Court ruled on the applicability of Section 164(2) of the Companies Act, 2013, determining that disqualification would commence from the financial year 2014-15 onwards. It upheld the constitutionality of the provision under Articles 14 and 19(1)(g) of the Constitution, finding it reasonable for ensuring good corporate governance. While principles of natural justice are not required before disqualification, the Court emphasized the need to establish the factual basis and provide notice to contest the disqualification. Regarding the deactivation of Director Identification Numbers (DINs), the Court found the action not legally supported. The writ petitions were partly allowed, quashing the disqualification and DIN deactivation, directing the ROC to provide notice for verification before further action. Case-Laws Companies Law Thu, 16 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394447