https://www.taxtmi.com/highlights?id=75231 Effect of resignation from Directorship - ROC refused to remove the name of the Petitioner as a Director of Respondent No. 4-company - The High court acknowledged the peculiar circumstances of the case, particularly the non-commencement of business by the company and the impact of the Covid-19 pandemic. - The court interpreted Section 168(2) of the Companies Act, 2013, to determine the effective date of the petitioner's resignation as director. - Despite the company's failure to fulfill certain compliances, the court found no justifiable reason to prevent the Registrar of Companies from updating its records to reflect the petitioner's resignation. en-us Wed, 28 Feb 2024 08:35:23 +0530 Tue, 27 Feb 2024 17:44:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75231 Effect of resignation from Directorship - ROC refused to remove the name of the Petitioner as a Director of Respondent No. 4-company - The High court acknowledged the peculiar circumstances of the case, particularly the non-commencement of business by the company and the impact of the Covid-19 pandemic. - The court interpreted Section 168(2) of the Companies Act, 2013, to determine the effective date of the petitioner's resignation as director. - Despite the company's failure to fulfill certain compliances, the court found no justifiable reason to prevent the Registrar of Companies from updating its records to reflect the petitioner's resignation. Highlights Companies Law Wed, 28 Feb 2024 08:35:23 +0530 https://www.taxtmi.com/highlights?id=75231