Director disqualification options: regularise filings via the eCODS compliance scheme or seek writ remedies to challenge disqualification.
Disqualification arises where a director serves on a company that has not filed annual returns or financial statements for three continuous years, triggering automatic vacation of office and suspension of DIN filing rights. If the company remains active, a director may regularise compliance by filing overdue returns and submitting the eCODS form under the Condonation of Delay Scheme to avoid continued disqualification. If the company is struck off, DIR-10 is available only after the five-year period, leaving writ petition as a potential remedy in the absence of statutory alternatives. (AI Summary)
Disqualification arises where a director serves on a company that has not filed annual returns or financial statements for three continuous years, triggering automatic vacation of office and suspension of DIN filing rights. If the company remains active, a director may regularise compliance by filing overdue returns and submitting the eCODS form under the Condonation of Delay Scheme to avoid continued disqualification. If the company is struck off, DIR-10 is available only after the five-year period, leaving writ petition as a potential remedy in the absence of statutory alternatives. (AI Summary)
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