https://www.taxtmi.com/caselaws?id=299409 The Court set aside the disqualification of the petitioner as Director under Section 164(2)(a) of the Companies Act, 2013, due to non-submission of financial statements for three consecutive years without prior notice. Relying on a previous judgment, the Court emphasized the importance of giving directors the chance to rectify defaults before disqualification. The impugned order was quashed, and the petitioner's Director Identification Number (DIN) was directed to be reactivated within 30 days. The writ petition was allowed without costs, highlighting the need for procedural fairness in director disqualification cases. en-us Tue, 02 Mar 2021 00:00:00 +0530 Tue, 14 Dec 2021 08:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299409 The Court set aside the disqualification of the petitioner as Director under Section 164(2)(a) of the Companies Act, 2013, due to non-submission of financial statements for three consecutive years without prior notice. Relying on a previous judgment, the Court emphasized the importance of giving directors the chance to rectify defaults before disqualification. The impugned order was quashed, and the petitioner's Director Identification Number (DIN) was directed to be reactivated within 30 days. The writ petition was allowed without costs, highlighting the need for procedural fairness in director disqualification cases. Case-Laws Companies Law Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299409