https://www.taxtmi.com/highlights?id=56235 Disqualification of Director - deactivation of DIN - It cannot but be held that the operation of the 2014 and 2018 Amendments to the 2013 Act are prospective in nature - To be specific, the amendment to Section 164(2), with effect from April 1, 2014 has to be applied prospectively. The three-year default contemplated therein has to commence from the financial year 2014- 2015 (April 1, 2014 - March 31, 2015) and end in the financial year 2016-2017 (ending on March 31, 2017). - HC en-us Fri, 08 Jan 2021 10:21:29 +0530 Fri, 08 Jan 2021 10:21:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56235 Disqualification of Director - deactivation of DIN - It cannot but be held that the operation of the 2014 and 2018 Amendments to the 2013 Act are prospective in nature - To be specific, the amendment to Section 164(2), with effect from April 1, 2014 has to be applied prospectively. The three-year default contemplated therein has to commence from the financial year 2014- 2015 (April 1, 2014 - March 31, 2015) and end in the financial year 2016-2017 (ending on March 31, 2017). - HC Highlights Companies Law Fri, 08 Jan 2021 10:21:29 +0530 https://www.taxtmi.com/highlights?id=56235