https://www.taxtmi.com/caselaws?id=397489 The Calcutta High Court dismissed a writ petition challenging a communication disqualifying a director for not filing audited financials. The Court emphasized compliance with the Companies Act, highlighting that disqualification in one company extends to all unless in default. The judgment clarified that directors forfeit positions in compliant companies upon disqualification, preventing evasion of statutory obligations. The decision underscores the significance of adhering to statutory duties and the repercussions of non-compliance on directorships in various companies. en-us Thu, 30 Jul 2020 00:00:00 +0530 Wed, 03 Nov 2021 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397489 The Calcutta High Court dismissed a writ petition challenging a communication disqualifying a director for not filing audited financials. The Court emphasized compliance with the Companies Act, highlighting that disqualification in one company extends to all unless in default. The judgment clarified that directors forfeit positions in compliant companies upon disqualification, preventing evasion of statutory obligations. The decision underscores the significance of adhering to statutory duties and the repercussions of non-compliance on directorships in various companies. Case-Laws Companies Law Thu, 30 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397489