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Wednesday, 20 December 2017

Outcome of hearing at Delhi High Court on Disqualification of Directors u/s 164 (2) (a):

 

 

Scenario 1:

 

If the Co. is active but all or some of Directors are Disqualified:

 

Option Available:

 

Avail Benefit of Condonation of Delay, Scheme, 2018 and Complete your all pending annual filing withing 3 months Window of (01.01.2018 - 31.03.2018).

 

Once the company completes all pending annual filing, the DIN to continue and disqualification shall be removed permanently.

 

Scenario 2:

 

Co. Strike Off and all Directors Disqualified:

 

Option Available:

 

Stricken Off Company's fate to be decided tomm by the Hon'ble Delhi High Court whether they shld also be given a chance to complete pending annual filing through a spearate amnesty Scheme by MCA or NCLT has exclusive jurisdiction to revive a company struck off by RoC. Ministry to report tomm in DHC upon this matter.