Directors Disqualified Under Companies Act Section 164(2)(a) for Non-Filing of Financials for Three Consecutive Years.

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....Disqualification of Directors. - Section 164(2)(a) of the Act resulting in an ineligibility for a director after a lapse of three consecutive financial years cannot be held to be capricious or a disproportionate repercussion, lacking in reasonableness or any rationale.....